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SK Hynix officially joined the $1 trillion market cap club after shares surged 11%, fueled by record earnings and booming demand for AI memory chips used in Nvidia systems.
South Korea’s KOSPI surged to a record high after gaining roughly $220 billion in market value, driven by sharp rallies in Samsung and SK Hynix shares.
South Korea’s KOSPI index surged 37% in just 34 days to a record high, driven by booming global demand for AI semiconductors. The rally added roughly $1 trillion in market value.
Micron exits the consumer memory market to focus solely on AI data-center products, tightening an already constrained retail supply.