Samsung Electronics reaches $1 trillion market cap thanks to surging demand for AI chips

The world's largest maker of memory chips, South Korea's Samsung Electronics, has seen its valuation reach $1 trillion this Wednesday. The company's profits have soared thanks to strong demand for the chips used to power artificial intelligence systems. Also in this edition: French oil major TotalEnergies says it will have to scrap caps on fuel prices if it faces a windfall tax on its profits in France.

May 6, 2026 - 05:00
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Samsung Electronics reaches $1 trillion market cap thanks to surging demand for AI chips
The world's largest maker of memory chips, South Korea's Samsung Electronics, has seen its valuation reach $1 trillion this Wednesday. The company's profits have soared thanks to strong demand for the chips used to power artificial intelligence systems. Also in this edition: French oil major TotalEnergies says it will have to scrap caps on fuel prices if it faces a windfall tax on its profits in France.
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