On a South Korean online forum this week, “Muenyu” related how his wife had recently seen her sister with a new designer handbag worth 5m won (£2,480) and asked how she’d afforded it.
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The shares of each company have racked up huge gains but one may have more room to run than the other, according to this analyst
Runaway profits and sky-high valuations for microchip companies have fuelled worker demands over pay packages in South Korea, raising the question: who profits from the artificial intelligence boom?The Samsung agreement is fuelling labour demands in other sectors across South Korea -- with workers in industries from biotech and autos to shipbuilding asking for a larger share of corporate profits through bonuses.
Three Samsung affiliates will buy a $408 million stake in Dunamu, the operator of Korea's Upbit crypto exchange.
Even by the standards of the artificial-intelligence boom, the gains in chip stocks this year have been extraordinary. Sandisk has soared 570%. Intel has more than tripled. Samsung, Micron and SK Hynix have all climbed into the ranks of $1 trillion companies.
Yahoo Finance Tech Editor Dan Howley joins Josh Lipton on Market Domination to break down new data showing the steepest decline in smartphone sales on record, as soaring demand for AI memory chips reshapes the semiconductor market.
Yahoo Finance Tech Editor Dan Howley joins Host Josh Lipton on Market Domination to break down the day’s leading tech stories, including SK Hynix (000660.KS) joining the Trillion-dollar club and Micron Technology (MU) impressive growth in 2026.
CXMT wins Shanghai approval for a STAR Board listing that could become mainland China's biggest IPO since 2022.
Shares of Micron soared nearly 20% on Tuesday, lifting its market value above $1 trillion and bringing the Roundhill Memory ETF's return to nearly 120% in less than two months.
SK Hynix and Micron rally as investors bet AI-driven HBM shortages could last through 2027.
The company’s unionized workers have approved a tentative bonus-pay deal reached last week with the company, averting a strike at the world’s largest memory-chip maker.
Memory chips are the hottest play on artificial-intelligence hardware, and Micron Technology has been among the hottest stocks in the space. It has company in SK Hynix, the South Korean memory-chip maker, whose shares have also surged. Micron stock had an incredible day on Tuesday, when it surged 19% after UBS raised its price target on the stock to $1,625 from $535, arguing long-term supply agreements justified a higher price-to-earnings ratio for the company.
Micron's trillion-dollar milestone is boosting tech ETFs as AI-driven memory demand fuels gains across semiconductor funds.
It is becoming easier to get into the $1 trillion market-cap club. SK Hynix and Micron Technology now belong because of the demand for memory chips. SK Hynix’s 12-month stock price jump reached 1000%. The two joined Samsung, which was recently added to the list. The $1 trillion plus list has 14 members. (The club ... 14 Companies Now Worth Over $1 Trillion
Samsung avoided a strike after union members approved a compensation deal for chip workers amid the AI memory boom.
Samsung workers are in line for bonuses of around £300,000 each after demanding a slice of the company’s soaring AI profits.
The South Korean chipmaker closed 9.3% higher on Wednesday, becoming the third Asian company to reach the milestone after Samsung and Micron
73.7% of balloting union members backed the agreement, which sets aside 10.5% of chip division operating profit for special bonuses
Micron Technology was gaining again early Wednesday as it built on its surge from the previous day. Micron shares were up 5.5% at $945.04 in premarket trading. The stock rose 19% on Tuesday, fueled by a research note from UBS which raised its price target for Micron to $1,625 from $535, arguing long-term supply agreements justified a higher price-to-earnings ratio for the company.
South Korea's SK Hynix and US chipmaker Micron both surpassed $1 trillion (€860bn) in market capitalisation within 24 hours of each other. Seoul's KOSPI index also hit an all-time high as AI continues to reshape markets.View on euronews
A majority of unionised employees at Samsung Electronics (USOTC:SSNHZ) voted on Wednesday to approve a preliminary wage agreement, preventing a large-scale strike that had raised concerns over global semiconductor supply chains and the wider South Korean economy. According to the union, around 74% of participating workers voted in favour of the deal.
(Bloomberg) -- Memory chip maker ChangXin Memory Technologies Inc. has received approval from the Shanghai Stock Exchange for an initial public offering that’s on track to be the biggest in mainland China since 2022, in a milestone for one of the key technologies of the artificial intelligence buildout. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detai
Asian equities were mixed on Wednesday with gains driven by soaring tech stocks and guarded optimism the United States and Iran will reach a peace deal."There remains an air of cautious optimism in markets that an MoU between the US and Iran will be signed and detailed throughout the week, although the central expectation and broad positive sentiment has been dented by the recent US defence strikes and Iran stating these measures breach the agreement," said Chris Weston, head of research at Pepp
Memory-chip maker SK Hynix is the latest company to ride the AI chip boom into the elite $1 trillion market-cap club. Shares in the company—the world’s second-largest memory-chip maker—have more than tripled this year.

<body><p>STORY: :: Archive</p><p>Unionized workers at Samsung Electronics have approved a highly contentious bonus pay deal, averting a massive 18-day strike.</p><p>Two unions for the world's largest memory chip maker said Wednesday that 74% of over 62,000 workers who cast their votes had backed the deal.</p><p>Shares in Samsung surged around 7% in morning trade following the news. </p><p>The government-mediated agreement brought relief across South Korea as Samsung accounts for roughly a quarter of the country's exports.</p><p>But the agreement also exacerbates deep disparities in fortunes among workers at the conglomerate.</p><p>:: Archive</p><p>It mainly benefits staff in the memory chip division, which has seen profits soar due to the colossal investments globally in AI.</p><p>Some of those workers are set to receive bonuses of around $416,000 this year.</p><p>Workers in Samsung's other chip units will receive less but still substantial bonuses, while employees in its consumer electronics divisions are set to receive very little by comparison.</p></body>
By Hyunjoo Jin SEOUL, May 27 (Reuters) - Unionised workers at Samsung Electronics have approved a highly contentious deal on bonus pay - one that averts a massive strike but also exacerbates deep
Samsung Electronics workers have approved a landmark profit-sharing agreement that is expected to award employees in the booming memory chip...
The iShares MSCI Emerging Markets ETF (EEM) has surged 25% so far in 2026, overtaking the State Street SPDR S&P 500 ETF Trust (SPY), State Street SPDR Dow Jones Indust Avg ETF Trust (DIA), and the Invesco QQQ Trust (QQQ).
South Korea's KOSPI surged 4.56% to a record 8,457 as Asian retail piled into leveraged chip ETFs and abandoned crypto.
The deal Samsung Electronics struck with its union averts a massive strike and gives its memory chip workers eye-popping bonuses. It also opens a Pandora's box for companies in South Korea - a country known for militant wage-bargaining. Unionised Samsung workers voted in favour of the government-mediated pact on Wednesday, marking the first big win for a Samsung union. More significantly, it is only the second time that a major South Korean company has agreed in writing to reward workers with a fixed percentage of operating profit.