Samsung Electronics reaches historic $1 trillion valuation milestone. The South Korean chipmaker's stock surged 11% on Wednesday, driven by explosive demand for AI chips, making it only the second Asian company after TSMC to achieve this valuation. Samsung's semiconductor division posted a remarkable 48-fold profit jump in the March quarter, significantly exceeding expectations, as AI data center orders delivered substantial margins. Analysts project continued profit growth over coming quarters as contract prices climb amid constrained supply. The company now sits alongside TSMC and SK Hynix at the center of Asia's transformation into the global AI ecosystem's cornerstone. Apple has reportedly held discussions with Samsung about producing main processors in the US, potentially offering an alternative to TSMC.
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