SK Hynix has surged past Samsung Electronics to become South Korea’s most valuable company, driven by its dominance in high-bandwidth memory (HBM) chips crucial for AI systems. This remarkable turnaround, from near collapse two decades ago to a market leader, highlights the transformative impact of the AI boom on the semiconductor industry. The chipmaker’s strategic focus on specialized HBM has propelled its shares to unprecedented heights.
India, Taiwan ETFs see record outflows before Asia stock rebound
US-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite this, Asian equities rebounded sharply