SK Hynix dethrones Samsung Electronics as South Korea's most valuable company (opens original article in a new tab)

SK Hynix briefly surpassed Samsung Electronics to become South Korea's most valuable company, driven by surging demand for memory chips from AI data centres.

• SK Hynix briefly became South Korea's most valuable company, surpassing Samsung Electronics.
• SK Hynix's shares rose 5.7% to a market cap of 2,082.5 trillion won, compared to Samsung's 0.4% gain.
• Both companies benefited from AI-driven demand for memory chips, with SK Hynix's shares up 340% this year.