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SK Hynix approaches a trillion-dollar market value, AI boom boosts South Korean tech stocks
Deep Tide TechFlow news: On May 14, just weeks after Samsung Electronics’ market capitalization surpassed the $1 trillion mark, SK Hynix is also gathering momentum and is expected to join the club of companies with $1 trillion market caps. Driven by strong demand in the artificial intelligence sector, South Korea has already become the core area of this wave of AI hype across Asia. After posting an astonishing 274% gain in 2025, SK Hynix’s stock price has surged again by more than 200% this year.
Once SK Hynix follows Samsung in crossing the $1 trillion market cap threshold, South Korea will become the first market outside the United States to have more than two companies with market values exceeding $1 trillion. “Current market conditions are mainly dominated by ‘fear of missing out’ (FOMO) sentiment, especially in Japan and South Korea, where this sentiment is particularly evident among AI-related concept stocks,” said Fabien Yip, a market analyst at IG Group in Sydney. (Jin10)