SK Hynix hits $1 trillion valuation
Yet another chipmaker has surged past the one trillion dollar valuation milestone.
by Sam Chandler · ShacknewsSK Hynix is the latest company to reach a $1 trillion valuation. This news comes after other tech companies in the chipmaker and AI-adjacent industries have also hit the staggering valuation.
On May 26, 2026, CNBC reported that SK Hynix hit a $1 trillion valuation thanks to an increased price of the manufacturer’s shares. This marks yet another company whose valuation has reached $1 trillion, with Samsung and Micron being two others.
Last month, SK Hynix reported its Q1 2026 earnings results. In the reports, SK Hynix showed results which beat revenue and profit expectations, with revenue growth reaching 198 percent year-over-year.
The revenue growth and new valuation has been bolstered by an “expanded investments in AI infrastructure.” SK Hynix plans to continue creating new products across its DRAM and NAND flash range to address the demands for memory.
As more and more companies reach the $1 trillion valuation thanks to investments in AI, so too will the demand increase to support this new technology. Read over our Artificial Intelligence page for the latest on the sector.
Shacknews staff does not use generative artificial intelligence (AI) in their content. Shacknews strictly prohibits the use of its content for AI training or to generate text, including text in the style or format used for this publication. Shacknews reserves all rights to this work.