SK_Hynix, Micron_Technology Cross $1 Trillion

The global memory chip sector is experiencing a historic transformation due to relentless demand from AI development. SK Hynix>>> and Micron Technology>>> both crossed the $1 trillion market capitalization mark, joining Samsung Electronics>>> and TSMC>>> in this exclusive club. SK Hynix>>>'s shares surged by 250% since the start of the year, while Micron Technology>>>'s shares jumped 190%. Both companies are dominant suppliers of high-bandwidth memory (HBM) chips, crucial for AI accelerators, with SK Hynix>>> having already sold out its entire 2026 HBM production capacity. This rally has propelled South Korea>>>'s KOSPI>>> index to a new all-time high, making South Korea>>> the first country outside the United States>>> to have more than one trillion-dollar company. Memory chip prices have doubled in the first quarter and are forecast to increase further, driven by AI data center demand, which has also constrained supplies for other electronics. Analysts from Mirae Asset Securities>>> and UBS>>> have raised target prices for these chipmakers, reflecting strong future demand. The event also saw a surge in interest for leveraged ETFs linked to Samsung Electronics>>> and SK Hynix>>> among United States>>> retail investors.