SK Hynix market capitalization surpasses Samsung Electronics
SK Hynix challenged Samsung Electronics’ long-held market-cap crown as investors continued to invest in AI-linked semiconductor stocks.
Korea-listed shares of SK Hynix rose 5.7% as of 0347 GMT, lifting its market capitalization to KRW 2,082.5T, narrowly ahead of Samsung Electronics.
The rise in SK Hynix shares is attributed to the ongoing AI boom, which has led to increased demand for semiconductor stocks.
The market capitalization of SK Hynix has been steadily increasing, posing a challenge to Samsung Electronics’ dominance in the market.