Samsung Shares Surge, Market Capitalisation Breaks Through 1 Trillion US Dollars

Samsung Electronics shares surged more than 10% during trading on Tuesday (5 May 2026), driven by strong investor interest in artificial intelligence (AI)-based stocks. This increase propelled the company’s market capitalisation to surpass 1 trillion US dollars. With this achievement, Samsung became the second Asian company to reach a 1 trillion US dollar valuation after TSMC. Quoted from CNBC on Wednesday (6 May 2026), the strengthening of Samsung’s shares came after the company’s financial performance recorded impressive results in the first quarter of 2026. The company’s revenue also set a new record at 133.9 trillion won. Indeed, the first-quarter operating profit exceeded the total profit for the entire 2025 fiscal year, which was recorded at 43.6 trillion won. In addition, positive sentiment also came from a Bloomberg report stating that Apple is exploring collaboration with Samsung and Intel to produce Apple device chips in the United States. This move is seen as an effort to diversify suppliers, beyond their main partner to date, TSMC. The rise in semiconductor sector shares pushed the benchmark Kospi index up more than 5%, breaking through the 7,000 level for the first time. The strengthening of the Kospi also aligned with positive trends in the Asia-Pacific stock markets. Regional exchanges opened higher following the rally on Wall Street, supported by falling oil prices and solid corporate financial performances. Market sentiment also improved in line with signals of easing tensions in the Middle East. On the other hand, global oil prices were recorded as weakening. The West Texas Intermediate contract fell around 1.96%, while Brent corrected by 1.27%. This decline in energy prices also supported investor interest in risk assets, including technology stocks.