SK hynix Joins TSMC in $1 Trillion Club After 400% Profit Surge
TSM•SK hynix market value passed $1 trillion after shares jumped 11%, driven by a record 400% Q1 profit thanks to AI memory demand. That milestone makes it one of three Asian semiconductor giants alongside TSMC and Samsung, underscoring accelerating AI-driven chip demand.
1. SK hynix surpasses $1T valuation
Shares in SK hynix rose over 11% as the company’s market capitalization topped $1 trillion, marking a major milestone in the semiconductor sector. This places SK hynix alongside Samsung and TSMC as the only Asian chipmakers to breach the $1 trillion threshold.
2. Q1 profit soars 400% on AI memory demand
SK hynix reported a nearly 400% jump in first-quarter net profit, driven by robust global demand for high-bandwidth memory used in AI data centers. The surge highlights the critical role of memory chips in powering advanced machine learning and large-scale computing workloads.
3. TSMC holds peer status in Asia’s trillion-dollar club
TSMC, already boasting a market value above $1 trillion, remains a key beneficiary of the AI hardware boom. The club of trillion-dollar chipmakers underscores the intense competition for capacity and technological leadership in the semiconductor industry.
4. Implications for AI chip market growth
Governments and tech firms are investing hundreds of billions in AI infrastructure, fueling a boom for chip manufacturers. Strong momentum in memory and foundry services suggests sustained revenue and margin expansion across leading semiconductor firms.
