Seoul, May 6, 2026 (AFP) - Samsung Electronics market value tops $1 tn on chip boom

NAMPA / AFP
2026-05-06
The market value of South Korea's Samsung Electronics smashed past $1 trillion for the first time Wednesday as the firm rides an AI chip boom that has sent Seoul's Kospi stock index to record highs. The company has emerged as a key player -- alongside domestic rival SK hynix -- in the supply of high-performing chips that are wanted by firms racing to keep up with the fast-evolving artificial intelligence industry. Samsung logged record first-quar......
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NDIYONA, 05 May 2026 - Newly recognised Hompa of the VaGciriku community, Bartholomeus Aruvita Kayoka, greets members of the public after he was announced as the new Hompa at Ndiyona on Tuesday. (Photo by: Sawi Hausiku) NAMPA

NDIYONA, 05 May 2026 - Newly recognised Hompa of the VaGciriku community, Bartholomeus Aruvita Kayoka, greets members of the public after he was announced as the new Hompa at Ndiyona on Tuesday. (Photo by: Sawi Hausiku) NAMPA

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OTJINENE, 05 March 2026 - Okaoveni FC crowned Otjinene May tournament (Photo: Contributed)

OTJINENE, 05 March 2026 - Okaoveni FC crowned Otjinene May tournament (Photo: Contributed)

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KATIMA MULILO, 14 March 2025 - Bush Bucks FC continued their dominant run in the Namport Zambezi Regional Second Division League over the weekend, thrashing Green Eagles FC 4-0 on Saturday at the UNAM Sports Field. (Photo by: Michael Mutonga Liswaniso) NAMPA

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KAMUPUPU, 04 May 2026 - Swapo leaders urged Namibians to honour national sacrifices through unity and service at the 48th commemoration of Cassinga Day at Kamupupu village in the Kavango West Region on Monday. (Photo by: Lylie Joel) NAMPA

KAMUPUPU, 04 May 2026 - Swapo leaders urged Namibians to honour national sacrifices through unity and service at the 48th commemoration of Cassinga Day at Kamupupu village in the Kavango West Region on Monday. (Photo by: Lylie Joel) NAMPA

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GIBEON, 04 May 2026 - Vice President Lucia Witbooi delivers the keynote address at the Cassinga Day commemoration held in Gibeon. (Photo: Contributed)

GIBEON, 04 May 2026 - Vice President Lucia Witbooi delivers the keynote address at the Cassinga Day commemoration held in Gibeon. (Photo: Contributed)

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OLUKEKETE, 04 May 2026 - Cassinga  massacre survivor Ignatius Mwanyekange pictured during the Cassinga day commemoration at Okalukekete village in the Omusati Region on Monday. (Photo: Contributed)

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KAMUPUPU, 04 May 2026  - Member of Parliament and Swapo Central Committee member, Austin Samupwa. (Photo by: Lylie Joel) NAMPA

KAMUPUPU, 04 May 2026 - Member of Parliament and Swapo Central Committee member, Austin Samupwa. (Photo by: Lylie Joel) NAMPA

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OLUKEKETE, 04 May 2026 - President Netumbo Nandi-Ndaitwah lays a wreath at the Outapi PLAN fighters’ mass grave site ahead of the 48th Cassinga Day commemoration at Olukekete Centre in the Outapi Constituency. (Photo: Contributed)

OLUKEKETE, 04 May 2026 - President Netumbo Nandi-Ndaitwah lays a wreath at the Outapi PLAN fighters’ mass grave site ahead of the 48th Cassinga Day commemoration at Olukekete Centre in the Outapi Constituency. (Photo: Contributed)

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