SK Hynix Just Hit a $1 Trillion Market Cap. Here's How You Can Buy the Stock for Around $60. - The Globe and Mail

SK Hynix, a leading DRAM chipmaker, has crossed a market capitalization of $1 trillion, highlighting its growing influence in the semiconductor industry. The company is a market leader in high-bandwid... Read original →

SK Hynix’s $1T valuation reflects the hardwired demand for HBM in AI infrastructure. Its HBM4 leadership is triggering a supply chain squeeze: TSV and silicon interposer capacities are maxed out, forcing GPU makers to pre-book 2026 output—NVIDIA’s 70% allocation to Vera Rubin effectively sets an industry standard. Geopolitically, while South Korea isn’t directly bound by U.S. CHIPS restrictions, any expansion of export controls on HBM equipment by the U.S.-Japan-Netherlands axis could inflate SK’s manufacturing costs by over 30%. Samsung and Micron will accelerate HBM4 yield ramp and lobby Washington to classify SK as 'non-ally-shored.' Within 18 months, HBM will evolve from a memory component to a strategic asset. The Roundhill DRAM ETF’s 27% SK weighting is, in essence, a bet on U.S.-ROK tech alignment. Persistent CoWoS shortages at TSMC could even position SK to influence future AI chip architectures.