Samsung Electronics Shares Surge Over 10% to Push Market Cap Above $1 Trillion

Shares of Samsung Electronics surged more than 10% on Wednesday, driving the South Korean chipmaker's market capitalization above $1 trillion. The company first crossed that threshold in February, marking its return to the elite club of trillion-dollar firms. Samsung became the second Asian company to achieve this milestone, following TSMC.

The rally built on Samsung's strong first-quarter results reported last week. 6 trillion won. 9 trillion Korean won during the period.

Sales of high-bandwidth memory chips fueled Samsung's profitability, even as the company worked to regain ground in the market. Samsung lost its early advantage to rival SK Hynix in the high-bandwidth memory segment. To close the gap, Samsung began mass production of HBM4 chips in February and started deliveries to undisclosed customers that same month.

HBM4 represents the sixth generation of high-bandwidth memory technology. These chips are expected to play a key role in Nvidia's Vera Rubin AI architecture for data centers. The advancements come amid surging demand for AI infrastructure, which has tightened supply and lifted semiconductor prices, particularly in South Korea.

Broader market enthusiasm for AI-linked stocks amplified the gains. Shares of SK Hynix jumped more than 9%, contributing to a more than 5% rise in the Kospi benchmark index. The index topped 7,000 for the first time, reflecting the chip sector's momentum.

U.S. The discussions could diversify Apple's supply chain beyond longtime partner TSMC. com reported these developments as investors piled into artificial intelligence-related investments.