Samsung, SK Hynix Each Top $1 Trillion Market Cap on AI Chip Boom
Samsung Electronics and SK Hynix have both surpassed $1 trillion in market capitalization as AI chip demand drives record profits. Samsung's chip division profit rose 48-fold and SK Hynix posted a 406% first-quarter profit jump, lifting South Korea's GDP. The windfall has sparked union bonus deals, an "AI dividend" proposal, and a Bank of Korea warning about a K-shaped economy.
Salvado•