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SK Hynix approaches the trillion-dollar market cap threshold

2026-05-14 07:01

Odaily reported that just weeks after Samsung Electronics' market capitalization broke through the trillion-dollar mark, SK Hynix is also poised to join this trillion-dollar club. Benefiting from strong demand in the AI sector, South Korea has become the core of this wave of AI boom in Asia. Following a staggering 274% gain in 2025, SK Hynix's stock price has surged over 200% further this year. Once SK Hynix surpasses the trillion-dollar market cap threshold following Samsung, South Korea will become the first market outside the United States to have more than two companies with a market value exceeding one trillion dollars. "The current market sentiment is mainly driven by 'fear of missing out' (FOMO), particularly evident in AI-related concept stocks in Japan and South Korea," said Fabien Yip, market analyst at Sydney-based IG Group. (Jinshi Data)

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