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The Nexus
BUSINESSJun 22 · 22:44 UTCSEMAFORTasneem Nashrulla

SK Hynix becomes South Korea's most valuable company

SK Hynix surpassed Samsung as South Korea’s most valuable company due to the AI-powered chip boom, with its shares quadrupling this year and joining Samsung and Micron in reaching a $1 trillion valuation. Rising memory chip costs driven by AI demand have led to higher electronics prices for consumers.

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SK HynixorganizationSamsungorganizationMicronorganizationAI-powered chip boomtopicmemory chipstopicAnthropicorganizationSouth Koreaplace
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