Following TSMC, Samsung Market Value Joins Trillion-Dollar Club as Memory Chips Support Half the Business
TradingKey - Driven by the explosive demand for AI chips, global memory chip leader Samsung Electronics reached a significant milestone. On May 6, the company’s share price surged by more than 16% intraday to a high of 270,000 KRW, ultimately closing up 14.41%. Its market capitalization surpassed 1,700 trillion KRW (approximately $1.15 trillion), officially joining the "trillion-dollar club." Samsung is now the second Asian technology company to achieve this feat, following TSMC.