South Korean chipmaker SK Hynix has briefly surpassed Samsung Electronics to become the nation's most valuable company. This surge, driven by booming demand for memory chips fuelled by AI data centre construction, has seen SK Hynix shares skyrocket over 340% this year. Both companies have benefited immensely from the AI revolution, with SK Hynix now recognised as the world's leading memory chip producer.

SEOUL, June 22 : The market value of South Korean chipmaker SK Hynix briefly topped that of peer Samsung Electronics on Monday to make the company the country's most valuable…

SK Hynix is the dominant supplier of HBM chips used in AI systems for customers such as Nvidia and Google. Read more at straitstimes.com. Read more at straitstimes.com.

SK Hynix has surged past Samsung Electronics to become South Korea's most valuable company, driven by its dominance in high-bandwidth memory (HBM) chips crucial for AI systems.…

AI boom mints a new market cap leader for first time in 26 years