Samsung's market value exceeds one trillion dollars for the first time

Seoul —
The market value of Samsung Electronics has surpassed the trillion-dollar mark, becoming the second Asian company to reach this level after the Taiwanese company TSMC.

This increase came after Samsung's stock rose to 259,500 won, an increase of 11.61% compared to the previous session, raising its market value to about 1.515 trillion won, equivalent to nearly 1.039 trillion dollars.

This rise reflects renewed investor confidence in the Korean company, especially with the growing global demand for semiconductors and advanced chips used in artificial intelligence applications and data centers.

With this achievement, Samsung joins a limited group of global companies whose market value exceeds a trillion dollars, while TSMC remains the largest Asian company in terms of market value, at about 1.86 trillion dollars.

Samsung's rise comes at a time when the semiconductor sector is witnessing fierce competition, with investors betting on companies capable of meeting the increasing demand for high-performance chips.