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SK Hynix shares surge to hit $1 trillion valuation

The SK Hynix logo is displayed prominently above a printed circuit board.

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SK Hynix’s stock saw a significant increase of over 11% on Wednesday, propelling the South Korean semiconductor manufacturer’s market value past $1 trillion as investors continue to show interest in AI-related chip stocks.

The surge in SK Hynix’s stock price comes shortly after its competitor, Samsung Electronics, also reached the $1 trillion market cap milestone.

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