Two AI memory rallies, one country, and a market cap chart that has gone up 9x in two years. If SK Hynix crosses the threshold, South Korea becomes the first country outside the US to host two trillion-dollar companies at the same time. SK Hynix is roughly $50b n away from a trillion-dollar market capitalisation. Its shares closed Wednesday with a market value around $948bn, up more than 200% so far this year and 274% across 2025, on the same trade that has lifted nearly every name with high-bandwidth memory on its product page. The benchmark figure is the one the company sits next to. Samsung Electronics crossed $1tn on 6 May , becoming only the second Asian company to do so after TSMC, on the day the KOSPI broke 7,000 for the first time. If SK Hynix follows, South Korea becomes the first country outside the US to host two trillion-dollar companies at the same time, a sentence that would have read as a category error two years ago. The driver is no longer hypothetical.…