Samsung Electronics Surpasses $1 Trillion Market Cap on AI Chip Boom
Samsung Electronics has surpassed the $1 trillion market capitalization milestone for the first time, driven by the boom in artificial intelligence (AI) semiconductors and anticipation of a memory supercycle. As of 10:40 AM on the 6th, Samsung Electronics' stock price stood at 259,500 won, pushing the company's total market value to approximately $103.97 billion (about 1,515 trillion won), marking its first ascent to the $1 trillion threshold.
The expansion of the AI industry has served as a key driver for the increasing corporate value of Samsung Electronics and SK Hynix. Surging demand for high-bandwidth memory (HBM) and server DRAM has led to assessments that the global memory market is entering a 'super cycle.'
Samsung Electronics' Device Solutions (DS) division, which oversees its semiconductor business, recorded its highest-ever quarterly performance with 81.7 trillion won in sales and 53.7 trillion won in operating profit for the first quarter of this year. This strong performance has supported the stock's upward trend.
Samsung Electronics' market capitalization ranks 12th among global companies. TSMC's market capitalization stands at approximately $1.86 trillion.
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