SK Hynix approaches the one trillion dollar market value threshold
Golden Ten Data reported on May 14 that just weeks after Samsung Electronics' market value surpassed the $1 trillion mark, SK Hynix is also poised to join this $1 trillion market cap club. Thanks to strong demand in the field of artificial intelligence, South Korea has already become the core region of Asia's current AI boom. After achieving a remarkable 274% surge in 2025, SK Hynix's stock price has further soared by over 200% this year. Once SK Hynix follows Samsung in crossing the $1 trillion market cap threshold, South Korea will become the first market outside the United States with more than two companies valued at over $1 trillion. "The current market trend is mainly driven by fear of missing out (FOMO), and this sentiment is especially evident in AI-related concept stocks in Japan and South Korea," said Fabien Yip, a market analyst at IG Group in Sydney.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Futures Hotspot Tracking
Trump: The stock market has hit record highs and the increase in oil prices is limited
Japan's Nikkei Index closed the morning session down 1.3% at 61,849.81 points.
HyperLend will gradually cease its USDH lending service process
