SK Hynix, Micron join trillion-dollar club - MSN

Amid the global artificial-intelligence-driven chip boom, semiconductor manufacturers are experiencing unprecedented growth. SK Hynix and Micron Technology have both crossed the $1 trillion market cap... Read original →

SK Hynix and Micron crossing the $1T market cap threshold signals a structural, not cyclical, boom in AI-driven memory demand. Technically, HBM3E/HBM4 adoption is forcing rapid scaling of advanced packaging—especially TSMC’s CoWoS in Taiwan, China—and accelerating DRAM node transitions to 1β/1γ, boosting orders for Applied Materials and Tokyo Electron. Geopolitically, U.S. export controls are inflating operational risk: Micron is retreating from China exposure, while SK Hynix clings to limited waivers for its Dalian fab. Samsung, though lagging in valuation, will likely counter with aggressive logic foundry expansion and AI-custom SoCs. Over the next 12–24 months, AI infrastructure CapEx will sustain, driving co-design of memory and compute as the new norm—consolidating power among top-tier players and squeezing out mid-tier suppliers.