{"id":606007,"date":"2026-05-27T04:42:07","date_gmt":"2026-05-27T04:42:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/606007\/"},"modified":"2026-05-27T04:42:07","modified_gmt":"2026-05-27T04:42:07","slug":"sk-hynix-and-micron-booming-ai-chip-demand-helps-create-two-new-1tn-club-members","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/606007\/","title":{"rendered":"SK Hynix and Micron: Booming AI chip demand helps create two new $1tn club members"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">There has been massive global demand for advanced computer chips that power AI tools, lifting the shares of companies associated with the technology.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The surge in demand in recent years has led to a global memory chip shortage, pushing up sales for manufacturers like SK Hynix and Micron.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Earlier in May, South Korea&#8217;s Samsung Electronics, known for its smartphones and televisions, joined the $1tn club and became only the second Asian firm to reach the milestone after Taiwanese chipmaker TSMC.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Samsung is also a major manufacturer of semiconductors, with <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cyv862r7l2ro\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia among its customers<\/a>.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Separately, Samsung&#8217;s shares jumped by more than 6% on Wednesday after union members voted in favour of a pay deal, <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c4g04qkqlk2o\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">averting a strike<\/a> that threatened to hit its business.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Samsung is now valued at around $1.34tn, with its shares more than doubling since the start of this year.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It comes as South Korea&#8217;s benchmark Kospi stock index, which is dominated by tech firms, also hit a fresh record high.<\/p>\n","protected":false},"excerpt":{"rendered":"There has been massive global demand for advanced computer chips that power AI tools, lifting the shares of&hellip;\n","protected":false},"author":2,"featured_media":606008,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,86,56,54,55],"class_list":["post-606007","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/606007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=606007"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/606007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/606008"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=606007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=606007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=606007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}