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The Economic Times — Marketseconomictimes.indiatimes.com

SK Hynix overtakes Samsung to become South Korea's most valuable company (opens original article in a new tab)

TL;DR

SK Hynix surpassed Samsung to become South Korea's most valuable company, driven by AI demand for its HBM chips, marking a 20-year recovery from near-bankruptcy.

  • SK Hynix became South Korea's most valuable company with a market cap of $1.35 trillion
  • SK Hynix's share price surged 340% this year due to AI demand for HBM chips
  • SK Hynix overtook Samsung after a 20-year turnaround from near-bankruptcy

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