Samsung headquarters building in Suwon, South Korea, on a sunny day
AI News

Samsung hits $1 trillion valuation as AI chip demand surges

Samsung Electronics became the second Asian company to reach a $1 trillion market valuation on Wednesday, as shares surged more than 10% amid a sustained artificial intelligence-driven boom in semiconductor demand. The milestone places the South Korean tech giant alongside Taiwan Semiconductor Manufacturing Company (TSMC) as the only Asian firms to cross the trillion-dollar threshold. […]