Business

Hynix and Micron Join $1 Trillion Club in Chip Market

Updated 2026-05-27 09:05 UTC 1 source Positive

SK Hynix has joined American peer Micron Technology as the latest company to reach a market valuation of over $1 trillion. The rapid growth highlights the ongoing demand for memory chips, particularly driven by AI advancements.

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Hynix quickly joins Micron in the $1 trillion club as one bank argues AI is actually underhyped

The frenzy in memory-chip stocks continued on Wednesday as SK Hynix took less than 24 hours to join American peer Micron Technology in the $1 trillion valuation club.

2026-05-27 08:57 UTC