Samsung Electronics shares jump over 10%, market cap tops $1 trillion after record profits

Shares of Samsung Electronics surged more than 10%, pushing its market capitalization past $1 trillion. This milestone follows the company's record first-quarter operating profit, which increased over eightfold to 57.2 trillion won, surpassing its full-year 2025 profit forecast. The rally was also boosted by reports of Apple exploring chip production partnerships with Samsung and Intel in the U.S., signaling potential shifts in the supply chain. Additionally, South Korean chipmaker SK Hynix saw its shares rise over 9%, contributing to a strong performance in the Kospi index.