Samsung stock reaches $1 trillion valuation on AI chip demand
Samsung Electronics became only the second Asian company after TSMC to cross a $1 trillion market capitalization, fueled by strong performance in its semiconductor division and rising demand for memory chips driven by artificial intelligence. The Kospi benchmark rose over 5%, while SK Hynix also saw significant gains.
Tickers: $TSM
Topics: AI chips HBM4 Kospi index memory market Samsung