Archive · 2 Oct 2025

Samsung, SK Hynix Market Value Soars After OpenAI Deal

Samsung, SK Hynix Market Value Soars After OpenAI Deal

Samsung and SK Hynix, two South Korean chip makers, have made a deal with OpenAI.

This partnership will allow them to supply chips for OpenAI's new data centers.

This news caused both companies' stock prices to go up significantly, increasing their combined value by $37 billion.

The deal is part of a larger plan, involving the U.S. President's $500 billion AI project, Stargate.

The demand for semiconductors is very high right now due to the AI boom, which helped South Korean exports.

This new partnership could have a positive impact on South Korea's trade negotiations with the U.S.

Sources