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Samsung Hits $1 Trillion Valuation Amid Apple Chip Diversification Talks

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2 min read
  1. Samsung briefly crossed the $1 trillion market-value mark after a sharp share rally powered by strong semiconductor results and memory-chip demand.

  2. The company said it is advancing next-generation chip nodes and expects continued demand for memory and server chips.

  3. Separately, reports said Apple is talking with Samsung and Intel about possible processor manufacturing to reduce reliance on TSMC amid chip shortages.

  4. The discussions could affect future iPhone chips, including parts for the iPhone 17 and iPhone 18.

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