AI boom puts SK Hynix on the cusp US$1 trillion market value
businesstimes.com.sg May 14, 2026

AI boom puts SK Hynix on the cusp US$1 trillion market value

AI-summarised brief · reviewed before publication

SK Hynix is nearing a $1 trillion market value, driven by strong demand for artificial intelligence and rising over 200% this year. The company's shares have risen significantly, following a 274% increase in 2025, due to AI-related demand for memory chips. If SK Hynix reaches the trillion-dollar threshold, South Korea will have two trillion-dollar companies, after Samsung crossed the milestone earlier this month, with significant implications for the country's economy and technology sector, and its position in the global AI supply chain.

💡 Why It Matters

  • · South Korea's potential to have multiple trillion-dollar companies underscores its growing influence in the global tech industry, particularly in AI.
  • · SK Hynix's surge highlights the critical role of chipmakers in the AI supply chain.