SK Group Market Cap Surges on AI Chip Rally

SK Group sees biggest gain in market cap on AI chip rally

Chip-to-energy conglomerate SK Group has seen the largest gain in market value among South Korea’s top business groups in the last year, propelled by an artificial intelligence-driven chip rally. The combined market capitalization of the country’s top 10 conglomerates reached 3,832.65 trillion won ($2.6 trillion) as of Friday, up 65 percent from 2,315.19 trillion won at the end of last year. SK Group led the gains. The combined market cap of its listed affiliates climbed to 1,139.76 trillion won

By The Korea Herald