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SK Hynix Joins Micron in Trillion-Dollar Club as Analyst Claims AI Demand Still Underestimated
📅 May 27, 2026 06:00 ET
⏱ 2 min
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GazetaDay Editorial
The rally in memory-chip stocks accelerated on Wednesday, with SK Hynix crossing the $1 trillion valuation threshold less than 24 hours after its American competitor Micron Technology achieved the same milestone.
AI-Driven Surge Lifts Memory Chipmakers
SK Hynix’s market capitalization surpassed $1 trillion in Seoul trading, marking the first time the South Korean chipmaker has reached that level. The move followed Micron Technology’s similar milestone on Tuesday, driven by sustained investor enthusiasm for artificial intelligence-related hardware. Analysts noted that current market pricing may still undervalue the long-term demand from AI data centers and high-bandwidth memory applications.
Analyst Outlook and Industry Momentum
According to market commentary, some analysts argue that AI-driven chip demand remains underestimated despite recent gains. The rapid valuation crossover between the two memory leaders reflects what traders describe as a structural shift in semiconductor demand, rather than a short-term speculative spike. SK Hynix and Micron together control a significant share of the global dynamic random-access memory (DRAM) and NAND flash markets.
Market Context
As of May 27, 2026, the U.S. dollar traded at 71.67 Russian rubles (change: +0.12), while the euro stood at 83.30 Russian rubles (change: -2.15). Bitcoin was at $75,793, down 1.0% over the past 24 hours. Crude oil was estimated around $72 per barrel.
SK HynixMicron TechnologyAI memory chipssemiconductor stocks$1 trillion clubHBM marketAI demand