Samsung today reached a $1 trillion valuation for the first time, reports Bloomberg. Samsung’s value has risen sharply due to growing demand for the memory chips it makes, and stocks are up 14.4% today.
Samsung is the second Asian company after Apple supplier TSMC to reach a valuation of $1 trillion. Last week, Samsung’s semiconductor manufacturing business far exceeded analysts’ expectations, reporting an operating profit of $36 billion instead of the $24.4 billion expected.
Just yesterday, rumors suggested that Apple was talking with Intel and Samsung about supporting the manufacturing of processors for Apple devices. Apple is looking to diversify its supply chain amid chip shortages. During Apple’s earnings call, CEO Tim Cook said iPhone 17 shipments were limited because Apple couldn’t get enough of the A19 and A19 Pro chips made by TSMC.
Samsung said it plans to “achieve flagship SoC design victories” in the second half of 2026. Samsung’s 1.4nm node development is on track and it “continues the expansion of 2nm customers at scale.” Apple is preparing to move to 2nm chips soon, and the iPhone 18 models could be the first to feature chips built on the new node.
Samsung also said it expects demand for server memory to remain strong through the end of 2026, putting the company well-positioned for further growth in the coming months.
With a valuation of $1 trillion, Samsung lags behind Apple’s $4 trillion-plus valuation and TSMC’s $2 trillion market cap. Samsung’s mobile unit is not faring as well as its chip business due to rising costs of materials and components.
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