SK Hynix’s market cap topped $1 trillion in Seoul trading on Wednesday, making the Korean memory firm the third chip company after Nvidia and TSMC to cross the mark.

SEOUL: South Korea's benchmark Kospi stock index hit an all-time high on Wednesday (May 27) as SK Hynix joined its memory chip rivals Samsung Electronics and

Shares of SK Hynix soared over 11% on Wednesday, pushing the South Korean memory-chip maker above the $1 trillion market capitalization mark.