SK hynix Surpasses $1 Trillion in Market Capitalization, Becomes Third Asian Company to Reach Milestone

Published: 2026-05-27T01:33:00Z
Category: business
Source: Korea JoongAng Daily
Original source

SK hynix briefly surpassed $1 trillion in market capitalization during intraday trading on Wednesday, May 27, 2026, becoming the third Asian company in history to achieve this feat, following TSMC and Samsung Electronics. Shares of SK hynix jumped over 9% to 2,238,000 won, driven by strong demand for high-end memory chips used in AI chipsets.

Want more?

Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.

Open NewsSnap.ai