SK Hynix Overtakes Samsung with 3.7% Rally to 2,082 Trillion Won
MU•SK Hynix’s market capitalization climbed 3.7% to 2,082 trillion won ($1.3 trillion), briefly surpassing Samsung Electronics’ 2,081 trillion won as its shares rally over 340% year-to-date. The memory chip maker delivered HBM4 samples to major AI customers including Nvidia, capitalizing on surging demand for high-bandwidth memory.
1. Market Capitalization Milestone
SK Hynix’s shares rose 3.7% to 2.8 million won, boosting its market value to 2,082 trillion won and briefly overtaking Samsung Electronics’ 2,081 trillion won valuation, excluding preferred shares.
2. AI-Driven Demand Surge
Rapid expansion of AI infrastructure has driven exceptional demand for high-bandwidth memory chips, placing SK Hynix among the few suppliers capable of meeting large-scale requirements from hyperscale data centers.
3. Nvidia Partnership and HBM4 Samples
A key growth catalyst has been SK Hynix’s supplier relationship with Nvidia, underscored by recent delivery of next-generation HBM4 memory samples to Nvidia and other top AI customers.
4. Stock Performance and Historical Turnaround
SK Hynix stock has surged over 340% year-to-date, reflecting investor confidence in its advanced memory technology and marking a dramatic turnaround from its near-acquisition struggles two decades ago.
