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AI boom lifts SK hynix above Samsung in market value
The Korea Herald
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SK hynix briefly overtook Samsung Electronics as South Korea's most valuable listed company in intraday trading Monday, challenging Samsung's long-held dominance of the stock market for the first time in nearly 26 years.
Shares of SK hynix rose as much as 6.5 percent to a record 2.95 million won ($1,900), lifting its market capitalization to 208.1 trillion won.
That surpassed Samsung Electronics' market value of 207.3 trillion won by about 8.6 trillion won at the session high.
As of 1 p.m., SK h ...
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