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SK Hynix hits $1 trillion valuation as AI boom lifts South Korean chip stocks

SK Hynix hits $1 trillion valuation as AI boom lifts South Korean chip stocks

Lee Ying Shan· ·1 min read · 0 reactions · 0 comments · 56 views
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SK Hynix's shares surged over 11%, pushing its market capitalization past $1 trillion. This increase is attributed to the growing demand for AI-related semiconductor products, with SK Hynix being a significant supplier for Nvidia. The company's stock has risen approximately 250% since the beginning of the year, reflecting the broader trend in the semiconductor industry.

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US Top News and Analysis · Lee Ying Shan
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Original publisherUS Top News and Analysis
Canonical URLhttps://www.cnbc.com/2026/05/27/sk-hynix-shares-ai-chip-rally-1-trillion.html
Publication timeWed, 27 May 2026 07:21:46 GMT
Retrieval time2026-05-27T00:42:55.510Z
Last seen2026-05-27T07:52:44.976Z
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Opening excerpt (first ~120 words) tap to expand

Shares of SK Hynix jumped more than 11% on Wednesday, lifting the South Korean chipmaker's market capitalization above $1 trillion as investors continued to pile into artificial intelligence-linked semiconductor stocks.The rally extended a blistering run that has already seen SK Hynix shares skyrocket about 250% since the start of the year, fueled by surging demand for high-bandwidth memory chips used in AI servers and accelerators. The company has emerged as a key supplier to AI chip giant Nvidia, cementing its position at the center of the global AI supply chain.The rally in SK Hynix comes just weeks after its domestic rival, Samsung Electronics, also crossed the $1 trillion market capitalization mark.Back in January, SK Hynix announced plans to establish a U.S.-based AI solutions unit…

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