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#Get2SharesOfSKHynixAtZeroCost
From Penny Stock to Korea's No. 1 – SK Hynix's AI-Fueled Comeback
In 2003, SK Hynix shares crashed to just 135 won apiece – a penny stock on the verge of being swallowed by Micron. Two decades later, the company has just pulled off one of the most stunning turnarounds in Korean corporate history.
On June 22, SK Hynix briefly overtook Samsung Electronics to become South Korea's most valuable listed company.
The stock surged 5.6% that day, pushing its market cap to 208.2 trillion won (about $135 billion) , while Samsung barely moved 0.4% higher. Samsung had held the No. 1 spot for a quarter of a century – since 2000 – but the AI boom has finally knocked it off its throne.
The stock is up over 340% this year alone.
What's driving this? HBM (High Bandwidth Memory) – the "blood vessels" of AI chips. SK Hynix is the primary HBM supplier for NVIDIA's AI accelerators, commanding an estimated 57%–61% global market share in HBM.
The company's Q1 revenue hit 52.58 trillion won ($35.5 billion) , up a staggering 198% year-over-year, with an operating margin of 72%. HBM supply is expected to remain tight for years to come, and the market is already buzzing about a potential US IPO.
What does this mean for you? Gate.io now offers direct trading of Korean stocks – including SK Hynix – using USDT. No need for a local brokerage account. Whether you're bullish on AI memory or just want exposure to Korea's hottest stock, the door is open.
And with the hashtag #Get2SharesOfSKHynixAtZeroCost, there might be a promotion worth checking out – but as always, do your own research before jumping in.
The AI race is far from over, and SK Hynix is sitting right at the center of it.