--- title: "SK Hynix joins the trillion-dollar club, powered by Nvidia’s HBM4 orders" url: https://daily.dev/posts/sk-hynix-joins-the-trillion-dollar-club-powered-by-nvidia-s-hbm4-orders-hgtteromy source_url: https://thenextweb.com/news/sk-hynix-tops-1-trillion-market-cap type: article source: "The Next Web" published: 2026-05-27T07:31:14.707Z updated: 2026-05-27T07:31:36.939Z tags: ["nvidia"] reading_time: 3 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # SK Hynix joins the trillion-dollar club, powered by Nvidia’s HBM4 orders **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary SK Hynix crossed the $1 trillion market cap milestone on Wednesday after a 10%+ single-session rally in Seoul, becoming the third chipmaker ever — and first dedicated memory specialist — to reach that threshold. The surge is driven by SK Hynix holding roughly 70% of HBM4 orders for Nvidia's Vera Rubin platform, with full-year 2026 HBM capacity already sold out and shortages forecast into 2027. Each Rubin unit uses 288GB of HBM4 across eight stacks at 22 TB/s bandwidth, generating enormous unit economics for SK Hynix. Competitors Samsung and Micron lag behind in HBM4 qualification and market share. The company is also evaluating a US dual listing that could raise ~$14bn. Analysts caution that memory is historically cyclical, and the current valuation assumes sustained AI-driven demand through the decade. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Nvidia and SK Hynix seal multi-year HBM4 AI memory deal](https://daily.dev/posts/nvidia-and-sk-hynix-seal-multi-year-hbm4-ai-memory-deal-vh4pmclyz) · The Next Web · 0 upvotes · 0 comments - [SK Hynix overtakes Samsung as Korea’s most valuable company](https://daily.dev/posts/sk-hynix-overtakes-samsung-as-korea-s-most-valuable-company-apqapsnst) · The Next Web · 1 upvotes · 0 comments --- Tags: [#nvidia](https://daily.dev/tags/nvidia) [View this post on daily.dev](https://daily.dev/posts/sk-hynix-joins-the-trillion-dollar-club-powered-by-nvidia-s-hbm4-orders-hgtteromy)