The SK hynix headquarters in Icheon, Gyeonggi. /Courtesy of News1

SK hynix's stock price surpassed 250,000 won. This is the highest price ever since it was embraced by SK Group in 2012.

SK hynix shares were traded at 250,500 won on the KOSPI market at 9:04 a.m. on the 17th. The stock price increased by 1.01% (2,500 won) from the previous day. During the early trading, the stock price surged to 253,500 won, setting a new record high.

As SK hynix positions itself as a market leader, its stock price continues to strengthen. SK hynix knocked Samsung Electronics out of the top spot in the high-bandwidth memory (HBM) market, which is critical for artificial intelligence (AI) semiconductors. Thanks to this, SK hynix also secured the top D램 memory semiconductor market share in the first quarter of this year (January to March), surpassing Samsung Electronics.

The demand from foreign investors is also concentrated. Since May 16, foreign investors have net purchased 1.638 trillion won worth of SK hynix shares over the past month. This is the largest net purchase scale among domestic stocks.