SK Hynix exceeds market value of R$5 trillion after AI boom

The company’s shares rose to 11% in the trading session, extending a sequence of accelerated appreciation that has already led the company’s shares to accumulate an increase of around 250% since the beginning of the year.

The advancement is driven by growing demand for high-bandwidth memory chips, known as high-bandwidth memory (HBM)used in servers and accelerators aimed at AI applications.

SK Hynix duels against rival Samsung and is a partner of Nvidia

• SK Hynix has established itself as a strategic supplier of Nvidiastrengthening its position at the center of the global supply chain related to artificial intelligence;
• The company’s appreciation comes just a few weeks after its domestic rival, Samsungalso surpassing the US$ 1 trillion (R$ 5 trillion) in market value. Samsung shares rose more than 6% this Wednesday;
• The two chipmakers account for more than 40% from South Korea’s Kospi benchmark index, highlighting how much the performance of the country’s stock market has come to depend on global demand for semiconductors and memory chips aimed at AI;
• According to LSEG data, the Kospi index almost doubled since the beginning of the year;
• Analysts warn, however, that the high concentration could increase market volatility and leave the index more exposed to risksincluding supply chain disruptions and a slowdown in global data center investment.