A global surge in demand for artificial intelligence (AI) chips has propelled Samsung Electronics into the trillion-dollar club, with its market valuation climbing to $1.04 trillion.
Samsung Electronics has joined the elite ranks of trillion-dollar companies, as a surge in demand for artificial intelligence (AI) drives its market value to $1.04 trillion.
Shares in Samsung Electronics jumped as much as 13% on May 6, capping a remarkable run in which the stock has more than quadrupled over the past year.
The rally is fueled by booming demand for memory chips used in AI data centers, an area where Samsung is a global leader.
