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A historic event occurred in the South Korean stock market, which has already been called a tectonic shift in the technology industry.
For the first time in 25 years, the leader of the KOSPI index by market capitalization has changed.
SK Hynix surpassed the long-time giant Samsung Electronics in common stock value, taking first place in the ranking.
This phenomenal triumph is a direct result of the global artificial intelligence boom and the rapid growth in demand for high-tech memory.
As a key supplier of high-bandwidth memory (HBM) chips for Nvidia's AI accelerators, SK Hynix has demonstrated unprecedented stock price growth.
While Samsung manages a more diversified portfolio including smartphones and home appliances, SK Hynix's narrow specialization in advanced semiconductor memory allowed it to most effectively monetize the current wave of technological revolution.
#SKHynixTopsKOSPIByMarketCap