big number
$1 trillion. That’s SK Hynix’s market value as of Friday, ranking the company as South Korea’s second-largest firm behind Samsung ($1.2 trillion) and the third-largest memory chipmaker globally. SK Hynix’s stock has already skyrocketed by 222% in South Korea this year, quickly raising its market capitalization from just over $250 billion in December to above $1 trillion for the first time in May.
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This is a developing story.