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Samsung hits $1 trillion valuation as AI rally lifts shares over 10%
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- Shares of Samsung Electronics surged more than 10% Wednesday, pushing the chip giant's market capitalization past the $1 trillion mark as investors continued to pile into artificial intelligence-linked stocks.
- Samsung became the second Asian company to cross the $1 trillion mark, after TSMC.
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Shares of Samsung Electronics surged more than 10% Wednesday, pushing the chip giant's market capitalization past the $1 trillion mark as investors continued to pile into artificial intelligence-linked stocks.
Samsung became the second Asian company to cross the $1 trillion mark, after TSMC. The company first crossed that $1 trillion market capitalization threshold on Feb. 26, according to FactSet data.
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