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Samsung, SK Hynix reach combined valuation of $1.14T, Bloomberg says

Samsung Electronics (SSNLF) and SK Hynix (HXSCL) reached a combined valuation of $1.14T, surpassing the combined total of $1.07T for Alibaba (BABA) and Tencent Holdings (TCEHY), Sangmi Cha and Jeanny Yu of Bloomberg reports. This milestone demonstrates how AI investments have shifted toward infrastructure, leading to many Korean chipmakers to benefit from rising demand for memory.

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