{"id":696981,"date":"2026-05-27T02:55:30","date_gmt":"2026-05-27T02:55:30","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/696981\/"},"modified":"2026-05-27T02:55:30","modified_gmt":"2026-05-27T02:55:30","slug":"sk-hynix-shares-surge-to-hit-1-trillion-valuation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/696981\/","title":{"rendered":"SK Hynix shares surge to hit $1 trillion valuation"},"content":{"rendered":"

The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in Seoul on April 22, 2026. <\/p>\n

Jung Yeon-je | Afp | Getty Images<\/p>\n

Shares of SK Hynix jumped as much as 11% on Wednesday, lifting the South Korean chipmaker’s market capitalization above $1 trillion as investors continued to pile into artificial intelligence-linked semiconductor stocks.<\/p>\n

The rally extended a blistering run that has seen SK Hynix shares skyrocket about 250% since the start of the year, fueled by surging demand for high-bandwidth memory chips used in AI servers and accelerators. <\/p>\n

The company has emerged as a key supplier to AI chip giant Nvidia<\/a>, cementing its position at the center of the global AI supply chain.<\/p>\n

The rally comes just weeks after domestic rival Samsung Electronics also crossed the $1 trillion market capitalization mark<\/a>. Shares of Samsung Electronics added over 6% on Wednesday.<\/p>\n

The two chipmakers account for more than 40% of South Korea’s benchmark Kospi<\/a>, underscoring how closely the index’s performance has become tied to global demand for AI-related semiconductors and memory chips.<\/p>\n

The Kospi index has nearly doubled since the start of the year, according to data from LSEG.<\/p>\n

Analysts have warned that the concentration could heighten market volatility<\/a> and leave the benchmark more exposed to risks, including supply chain disruptions and a slowdown in global data center investment.<\/p>\n

SK Hynix’s rally may still have room to run, according to Peter Kim, global investment strategist at KB Financial Group. He highlighted that earnings upgrades are outpacing even the stock’s meteoric gains.<\/p>\n

“Fundamentals and valuations of the two twin towers \u2026 are still very much intact,” Kim said, referring to SK Hynix and Samsung Electronics. <\/p>\n

He said that SK Hynix’s valuation has become “cheaper” as analysts have raised earnings forecasts faster than share prices have increased.<\/p>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in…\n","protected":false},"author":2,"featured_media":696982,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,9073,64,63,1348,9071,4333,1053,4065,174,247550,339779,9068,5063,139921,19410,105],"class_list":["post-696981","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-asia-economy","tag-au","tag-australia","tag-breaking-news","tag-breaking-news-asia","tag-breaking-news-business","tag-breaking-news-markets","tag-breaking-news-technology","tag-business-news","tag-ishares-semiconductor-etf","tag-kb-financial-group-inc","tag-kospi-index","tag-nvidia-corp","tag-samsung-electronics-co-ltd","tag-sk-hynix-inc","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/696981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=696981"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/696981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/696982"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=696981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=696981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=696981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}