SK Hynix Overtakes Samsung to Become South Korea’s Most Valuable Company

SK Hynix now the dominant supplier of high-bandwidth memory (HBM) chips used in AI systems for customers such as Nvidia and Alphabet's Google, has emerged as one of the biggest beneficiaries of the global AI boom, propelling a more than 340 percent rally in its shares this year and lifting its market value above both Samsung and Micron.