SK Hynix Just Took Samsung’s Crown for the First Time in 26 Years

SK Hynix briefly surpassed Samsung Electronics to become South Korea's most valuable publicly traded company for the first time in 26 years. The surge was driven by SK Hynix's dominant position in high-bandwidth memory (HBM) chips, which are critical components for AI infrastructure. SK Hynix shares climbed 6.5% to reach a record 2.95 million won, with the company holding approximately 57% of the global HBM market. The milestone reflects investor preference for focused, specialized technology companies over diversified conglomerates in the current AI-driven market.