South Korean reminiscence chip maker SK Hynix has achieved one thing that just one home firm might handle earlier than. On Friday, the corporate's market capitalization exceeded 2,000 trillion received, equal to about $1.32 trillion. Samsung Electronics stays the one Korean firm to exceed that normal.
The features got here as semiconductor shares pushed South Korea's Kospi index to a report shut, with semiconductor makers main features for many of the buying and selling session.
Inventory value actions
SK Hynix started buying and selling at 2.77 million received, a rise of three.17% from the earlier closing value. The inventory value continued to rise throughout the buying and selling interval, hitting an all-time excessive of two.858 million received. This transfer alone added sufficient worth to push the corporate's complete market worth to about 2,038 trillion received.
Samsung wasn't far behind in setting its personal milestones both. The inventory value exceeded 370,000 received throughout the session, a brand new report for the corporate, bringing the general valuation to almost 2,180 trillion received.
As well as, traders flocked to main semiconductor shares because of the robust in a single day efficiency of US semiconductor shares, and this rally prompted the Kospi index itself to exceed the 9,300 level stage for the primary time.
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Because of this buyout, the market capitalization of all firms listed on the Kospi exceeded 8,000 trillion received for the primary time within the change's historical past.
What’s SK Hynix's present place on Bitcoin?
A consumer flagged the X comparability, mentioning that SK Hynix's valuation had overtaken Bitcoin's valuation. As of June 19, SK Hynix's inventory value was $1.32 trillion, in comparison with Bitcoin's roughly $1.25 trillion.
🚨 SK Hynix has formally surpassed Bitcoin in market capitalization.
As of June nineteenth:
📈 SK Hynix: $1.32 trillion ₿ Bitcoin: $1.26 trillion
AI infrastructure transactions proceed to reshape international markets. #SKHynix #Bitcoin #AI #HBM #Semiconductors pic.twitter.com/V51DeA4oF2
— BlockchainSeoul (@Blockchainseoul) June 19, 2026
On the time, Bitcoin was buying and selling close to $62,537, whereas Ethereum's value was round $1,692.
Why this issues to the market
This transformation reveals the place investor cash is presently flowing. Demand for high-bandwidth reminiscence chips utilized in AI infrastructure, significantly AI servers and knowledge facilities, has made chipmakers like SK Hynix and Samsung a few of the world's hottest shares.
For South Korea, the addition of two firms to this valuation is unprecedented. For crypto watchers, this episode serves as a reminder that capital presently favors AI-related {hardware} shares over digital property, regardless of the relative stability of Bitcoin costs.
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