Samsung Hits $1 Trillion Valuation as AI Chip Boom Lifts Shares
Samsung Electronics reached a $1 trillion market valuation as booming demand for chips used in artificial intelligence pushed the world’s largest memory maker’s shares sharply higher. The stock rose about 10% to 251,500 won and closed above the milestone, extending a run that has more than quadrupled over the past year.
The move adds a new milestone to the semiconductor rally that earlier lifted SK Hynix, whose shares jumped about 13% after US technology companies signaled stronger spending on AI and data centers. Together, the gains show the AI-driven memory-chip upswing broadening across the sector.
From the sources (14 posts)
@reutersSK Hynix shares rally 13% after US tech firms signal strong AI spending plans
@wallstengineSK Hynix jumped 12.5% to a record high after U.S. tech giants raised their combined CAPEX to $700B up from $600B before. Samsung rose 5.4% but lagged as investors weighed a possible 18-day worker strike starting May 21
@ftr_investors$HXSCF SK hynix reached a historic market cap of 1,000 Trillion Won ($700B) today 🚀 After a massive 12% surge today, SK hynix is now the #16 largest company in the world by market cap 📈 This spike is fueled by the AI boom and their HBM do
@reutersSK Hynix shares rally 12% after US tech firms signal strong spending on AI data centers
@businessSamsung has reached a $1 trillion market valuation after booming demand for chips used in AI saw the world’s largest memory maker’s stock more than quadruple over the past year
@businessSamsung has reached a $1 trillion market valuation after booming demand for chips used in artificial intelligence saw the world’s largest memory maker’s stock more than quadruple over the past year. Read more: 📷️: S
@stockmktnewzSamsung 🇰🇷 just closed today above a $1 Trillion market cap milestone
@zerohedgeSAMSUNG RISES 9.5%, HITS $1T MARKET CAP ON MEMORY CHIP BOOM
@firstsquawkSAMSUNG SEES A 9.5% INCREASE, REACHING A $1 TRILLION MARKET CAP DUE TO MEMORY CHIP DEMAND.
@firstsquawkMarket cap of Samsung Electronics exceeds $1 trillion milestone
@cnbcSamsung hits $1 trillion valuation as AI rally lifts shares over 10%
@negligible_cap*SAMSUNG RISES 9.5%, HITS $1T MARKET CAP ON MEMORY CHIP BOOM $1T company trading at 6x earnings - surely that must be a first
@yoolimleenewsSamsung Electronics stock rises 9.5% to 251,500 won, hits $1 trillion market cap on memory chip boom
@jukan05SK Hynix is up more than 10% in pre-market trading.