Booming AI Chip Demand Creates Two New Members Of The $1tn Club
Rising global demand for artificial intelligence infrastructure has pushed semiconductor giants SK Hynix and Micron Technology past the $1 trillion (£740 billion) market valuation milestone. Shares of SK Hynix surged by 10% on Wednesday, extending a remarkable rally that has seen the company’s stock price more than triple since the start of the year. The…