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SK Hynix Nears $1 Trillion Valuation as AI Chip Demand Surges, Stock Up 200% in 2026

GateNews
StocksAI Industry News
CHIP1.76%
UP0.89%
IN-5.68%
ON0.60%
According to Reuters, on May 14, SK hynix reached a market capitalization of approximately $948 billion, positioning the South Korean memory chipmaker to become only the second company after Samsung to cross the $1 trillion valuation mark. The company's shares have surged more than 200% in 2026 following a 274% gain in 2025. The rally was driven by soaring demand for high-bandwidth memory chips used in AI servers, with SK hynix having sold out its entire 2026 memory chip output. If SK hynix breaks through the $1 trillion threshold, South Korea would become the first country outside the United States to have more than one such valued company.
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