SK Hynix’s 340% Rally Pushes Market Cap Above Samsung as NVIDIA Falls 1%
NVDA•SK Hynix overtook Samsung Electronics, trading up 5.7% to a 2,082.5 trillion won market cap driven by a 340% year-to-date rally on high-bandwidth memory chips. With SK Hynix holding 57% of the global AI HBM market, memory-chip peers hit record highs even as NVIDIA shares slipped 1% despite geopolitical volatility.
1. SK Hynix Overtakes Samsung
SK Hynix shares rose 5.7%, lifting its market capitalisation to 2,082.5 trillion won and overtaking Samsung Electronics’ 2,081.3 trillion won valuation for the first time since 2000.
2. HBM Dominance Fuels Rally
SK Hynix controls 57% of the global high-bandwidth memory market, driving a 340% year-to-date share rally as AI infrastructure demand surges for HBM chips used by NVIDIA and other major tech firms.
3. NVIDIA Shares Slip
NVIDIA stock declined 1% as U.S.-Iran geopolitical tensions and broader market volatility weighed on chipmaker equities.
4. Memory Stocks Hit Records
Peers such as Micron and SanDisk jumped to all-time highs, with sector ETFs rising, highlighting investor confidence in continued AI-driven memory-chip demand.
