Sangmi Cha

Sangmi Cha is an Asia equities reporter for Bloomberg in Hong Kong, covering Greater China and regional markets, geopolitics, investment strategy, and technology-related equities including AI chip supply-chain companies. She previously reported for Bloomberg in South Korea and worked at Reuters.

Samsung Reaches $1 Trillion Valuation on AI Chip Demand

Bloomberg’s Sangmi Cha argues Samsung’s move past a $1tn market value is more than a symbolic milestone: traders are reading it as a direct expression of the AI infrastructure trade, driven by tight memory-chip supply and helped by news of an Apple partnership. Cha says the rally still has room in investors’ eyes because Samsung trades at about 5.3 times forward earnings, while the company’s surge is also feeding a broader foreign-led rally in Korean equities.

Bloomberg TechnologyMay 7, 20263 min read