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27 May 202611 Dhuʻl-Hijjah 1447 AH
SK Hynix Surpasses $1 Trillion Market Value Amid AI Boom

SK Hynix Surpasses $1 Trillion Market Value Amid AI Boom

SK Hynix's market value surpassed $1 trillion for the first time, closing up 9.3% to reach 1.68 trillion won ($1.12 trillion). This milestone follows strong demand for memory chips driven by AI applications. The prices of advanced memory chips have doubled in Q1 alone, with expectations of a 63% increase in the current quarter due to rising demand from AI data centers, impacting supply for smartphones and laptops.

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