Korean Stocks Surge, Driving Samsung's Market Cap Past $1 Trillion, Joining TSMC as Asia's Dual Giants
Driven by the artificial intelligence (AI) chip boom, Samsung Electronics' market capitalization exceeded $1 trillion today, becoming the second Asian company after TSMC to reach this milestone. Its stock price surged nearly 12% in early trading, pushing its market value past $1 trillion. South Korea's KOSPI index also broke through the 7,000-point mark for the first time ever.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 12:04
- 🔍 Collected: May 6, 2026 at 12:31 (27 min after Published)
- 🤖 AI Analyzed: May 6, 2026 at 12:52 (20 min after Collected)
Central News Agency
(Central News Agency, Seoul, May 6, Comprehensive Foreign Report) Benefiting from the artificial intelligence (AI) chip boom, global leading memory chip manufacturer Samsung Electronics' market capitalization today surpassed the $1 trillion mark, becoming the second Asian company, after Taiwan Semiconductor Manufacturing Company (TSMC), to achieve this milestone.
Reuters reported that in early trading today, Samsung Electronics' stock price surged by nearly 12%, pushing its market capitalization past $1 trillion, reflecting the strong带动 effect of the robust performance of US AI stocks.
South Korean semiconductor giant SK Hynix's stock price also rose by about 10%.
The Seoul authorities are actively developing the AI industry, aiming to be on par with the United States and China, becoming one of the "big three" in the AI field.
South Korea's KOSPI index surged over 5% in early trading today, reaching the 7,000-point mark for the first time in history, setting a new historical high.
Driven by the AI boom, Samsung's stock has risen by about 300% over the past year, becoming an important driving force for South Korea's economic growth.
AFP quoted Bloomberg as reporting that Samsung Electronics is the second Asian company, after TSMC, to join the "trillion-dollar market cap club."
Samsung Electronics stated last week that its first-quarter operating profit surged by 750% compared to the same period last year, reaching a new high of 57.2 trillion Korean Won (approximately $39.3 billion USD, NT$1.2384 trillion), attributing this to "AI technology innovation and proactive market response."
Samsung expects memory demand to remain strong in the second quarter as AI infrastructure continues to expand. (Compiled by Liu Wenyu) 1150506
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(Central News Agency, Seoul, May 6, Comprehensive Foreign Report) Benefiting from the artificial intelligence (AI) chip boom, global leading memory chip manufacturer Samsung Electronics' market capitalization today surpassed the $1 trillion mark, becoming the second Asian company, after Taiwan Semiconductor Manufacturing Company (TSMC), to achieve this milestone.
Reuters reported that in early trading today, Samsung Electronics' stock price surged by nearly 12%, pushing its market capitalization past $1 trillion, reflecting the strong带动 effect of the robust performance of US AI stocks.
South Korean semiconductor giant SK Hynix's stock price also rose by about 10%.
The Seoul authorities are actively developing the AI industry, aiming to be on par with the United States and China, becoming one of the "big three" in the AI field.
South Korea's KOSPI index surged over 5% in early trading today, reaching the 7,000-point mark for the first time in history, setting a new historical high.
Driven by the AI boom, Samsung's stock has risen by about 300% over the past year, becoming an important driving force for South Korea's economic growth.
AFP quoted Bloomberg as reporting that Samsung Electronics is the second Asian company, after TSMC, to join the "trillion-dollar market cap club."
Samsung Electronics stated last week that its first-quarter operating profit surged by 750% compared to the same period last year, reaching a new high of 57.2 trillion Korean Won (approximately $39.3 billion USD, NT$1.2384 trillion), attributing this to "AI technology innovation and proactive market response."
Samsung expects memory demand to remain strong in the second quarter as AI infrastructure continues to expand. (Compiled by Liu Wenyu) 1150506
Choose to stand with facts, every sponsorship you provide is a force to protect press freedom.
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The text, images, and audio-visual content of this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.