{"id":142289,"date":"2026-05-27T09:02:49","date_gmt":"2026-05-27T09:02:49","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/booming-ai-chip-demand-helps-create-two-new-1tn-club-members\/"},"modified":"2026-05-27T09:02:49","modified_gmt":"2026-05-27T09:02:49","slug":"booming-ai-chip-demand-helps-create-two-new-1tn-club-members","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/booming-ai-chip-demand-helps-create-two-new-1tn-club-members\/","title":{"rendered":"Booming AI chip demand helps create two new $1tn club members"},"content":{"rendered":"

The stock market valuations of chipmakers SK Hynix and Micron have risen above the $1tn (\u00a3740bn) mark, driven by a boom in artificial intelligence (AI) data centres.<\/strong><\/p>\n

Shares in South Korea\u2019s SK Hynix, a key supplier to AI chip giant Nvidia, jumped by 10% on Wednesday, continuing a rally that has seen its share price more than triple since the start of this year.<\/p>\n

On Tuesday, US memory chipmaker Micron\u2019s shares rose by almost 20% after investment bank UBS tripled its stock price target for the company.<\/p>\n

Both companies join a growing group of firms with valuations above $1tn, including technology giants Nvidia, Amazon, Apple, Microsoft, Google-owner Alphabet and Meta.<\/p>\n

There has been massive global demand for advanced computer chips that power AI tools, lifting the shares of companies associated with the technology.<\/p>\n

The surge in demand in recent years has led to a global memory chip shortage, pushing up sales for manufacturers like SK Hynix and Micron.<\/p>\n

Earlier in May, South Korea\u2019s Samsung Electronics, known for its smartphones and televisions, joined the $1tn club and became only the second Asian firm to reach the milestone after Taiwanese chipmaker TSMC.<\/p>\n

Samsung is also a major manufacturer of semiconductors, with Nvidia among its customers.<\/p>\n

Separately, Samsung\u2019s shares jumped by more than 6% on Wednesday after union members voted in favour of a pay deal, averting a strike that threatened to hit its business.<\/p>\n

Samsung is now valued at around $1.34tn, with its shares more than doubling since the start of this year.<\/p>\n

It comes as South Korea\u2019s benchmark Kospi stock index, which is dominated by tech firms, also hit a fresh record high.<\/p>\n

Nvidia has been the biggest winner in the AI spending spree and in October became the first company to reach a stock market value of $5tn.<\/p>\n

The firm continues to report record sales, though there have been growing concerns over increasec competition in the sector.<\/p>\n

Microsoft and Apple have also recently crossed the $4tn valuation mark.<\/p>\n

But some investors have warned of a potential AI bubble, questioning whether these companies are overvalued.<\/p>\n

The post Booming AI chip demand helps create two new $1tn club members<\/a> appeared first on KBC Digital<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The stock market valuations of chipmakers SK Hynix and Micron have risen above the $1tn (\u00a3740bn) mark, driven by a boom in artificial intelligence (AI) data centres. Shares in South Korea\u2019s SK Hynix, a key supplier to AI chip giant Nvidia, jumped by 10% on Wednesday, continuing a rally that has seen its share price […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-142289","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/142289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=142289"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/142289\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=142289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=142289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=142289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}