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#Get2SharesOfSKHynixAtZeroCost
🏆 History Made: SK Hynix Just Dethroned Samsung
For the first time in over 25 years, Samsung is no longer South Korea's most valuable company.
On June 22, SK Hynix briefly overtook its cross-town rival in intraday trading, with shares surging as much as 6.5% to a record 2.95 million won ($1,900), pushing its market cap to 208.1 trillion won. By the closing bell, SK Hynix was up 5.61% while Samsung edged down 0.14%. The gap was razor-thin — but the message was crystal clear.
🚀 What's behind the 340% rally?
The answer is three letters: HBM.
SK Hynix has emerged as the dominant supplier of high-bandwidth memory chips used in Nvidia's AI accelerators. While conventional memory has long been a boom-and-bust commodity, AI has fundamentally changed the game. Major customers are now signing multiyear supply deals at record high prices, locking in 50% to 70% of suppliers' capacity.
The numbers tell the story:
SK Hynix commands 61% of the global HBM market, vs Samsung's 17% and Micron's 21%
Shares have skyrocketed 341.9% year-to-date, compared to Samsung's 197.7% gain
The company reported a record operating profit of 23.5 trillion won in 2024 — a stunning turnaround from a 7.73 trillion won loss in 2023
📈 From penny stock to $1.35 trillion giant
This is one of the most remarkable turnarounds in corporate history. In 2002, Hynix Semiconductor was on the verge of being sold to Micron, crippled by debt. By 2003, shares had plunged to just 135 won — penny stock territory. Today, it's the world's most valuable memory chipmaker with a market cap of $1.35 trillion.
🇺🇸 What's next: A Nasdaq debut
SK Hynix is eyeing a U.S. listing as soon as August, with the SEC expected to approve its ADR application this week. The offering could raise as much as $14 billion. A Nasdaq debut would put SK Hynix on the same screens as Micron, allowing U.S. investors to price it as an AI infrastructure play — not a cyclical commodity.
💡 How YOU can get in on the action
Here's where it gets interesting. Gate now offers Korean stock trading, letting users buy and sell SK Hynix and other KRX-listed stocks directly with USDT.
No Korean brokerage account needed. No KRW conversion hassle. Just USDT → SK Hynix, right from your Gate account.
The platform supports the top 1,000 KRX-listed companies, including Samsung Electronics, NAVER, Hyundai Motor, and Celltrion — all tradeable with USDT.