AI boom pushes Samsung to a $1T valuation
TechCrunch says Samsung shares jumped on surging AI-driven demand for high-bandwidth memory (HBM), lifting the company past the $1 trillion mark.
TechCrunch reports that Samsung reached a $1 trillion valuation after shares surged on AI-driven chip demand, with the story pointing to runaway demand for memory (including HBM used in AI data centers) as a key driver of the company’s recent profit jump and market move.
Read the original reporting at TechCrunch.
