SK Hynix Enters the 1 trillion won Market Capitalization Club, Second After Three Major Transfers... Ranks 12th Globally

*This content was translated by AI.

SK Hynix has entered the 1 trillion won market capitalization club while the KOSPI index significantly exceeded 8,000 points.

Among domestic companies, it is the second to join the 1 trillion won club after Samsung Electronics on the 6th, and fourth globally based on Asia, following TSMC and Samsung Electronics.

According to the Korea Exchange on the 27th, as of 10:15 a.m., SK Hynix was trading at 2,232,000 won, up 8.77% from the previous trading day. On this day, its market capitalization surged to 1,593.6 trillion won, surpassing 1 trillion won even based on a won-dollar exchange rate in the early 1,500 won range.

In the global ranking of major companies by market capitalization, SK Hynix rose one spot to 12th place from the previous day. The top five were NVIDIA, Alphabet, Apple, Microsoft, and Amazon in that order. TSMC, Broadcom, Aramco, Tesla, and Meta occupied positions 6 through 10. Samsung Electronics ranked 11th with a market capitalization of $1.376 trillion, while Berkshire Hathaway ($1.043 trillion) and Micron (1.01 trillion won) recorded 13th and 14th places, respectively.

Meanwhile, securities firms have successively revised up their target prices for SK Hynix, and many forecasts expect SK Hynix's momentum to continue for some time.

Meanwhile, the KOSPI index broke through 8,400 points during trading on the 27th, triggering a temporary suspension of program buy orders (sidecar, a futures market circuit breaker). The Korea Exchange announced that it activated the KOSPI market's buy-side sidecar (futures market circuit breaker) at 9:06:02 a.m. on this day.

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*This content was translated by AI.