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Two chipmakers recently surged in value, both crossing the trillion-dollar valuation line within a day of each other. It’s another unexpected gold rush, thanks to the AI boom.
South Korean company SK Hynix’s market capitalization went above $1 trillion last week, and its shares have climbed more than 250% since the start of the year, CNBC reported (1). SK Hynix “has emerged as a key supplier to AI chip giant Nvidia, cementing its position at the center of the global AI supply chain,” the report says.
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