The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. When global equities are offering such meaty returns, betting on the broader markets will pay off better than a quest for individual winners. South Korea’s SK Hynix on Wednesday became just the third Asian company to join club of companies with a market capitalization of $1 trillion. That is a coveted distinction considering that even the Nasdaq 100 boasts only 10 companies that are part of the group. One day earlier, Micron has experienced a significant market surge, surpassing a $1 trillion valuation driven by robust demand in the artificial intelligence sector. Despite this, the company remains undervalued, trading at under 10 times forward earnings. On this episode, guest host Christina Ruffini and Tim speak with: Ian King, Bloomberg News US Semiconductor Reporter Brieane Olson, PacSun CEO on new book &#x27;Co-Created: The Cultural Strategy That Redefined Pacsun&#x27; and her turnaround of the company Kelsey Berro, JPMorgan Asset Management Global Fixed Income, Currency and Commodities (GFICC) Portfolio Manager See omnystudio.com/listener for privacy information.

Memory Chip Frenzy Sends SK Hynix, Micron Into $1T Club

Bloomberg Businessweek

# Full Transcript

**Podcast:** Bloomberg Businessweek

## Participants

- **Carol Massar** (Bloomberg)
- **Tim Stenovec** (Bloomberg)
- **Ian King** (Bloomberg News)
- **Brieane Olson** (PacSun)
- **Kelsey Berro** (JPMorgan Asset Management)

## Transcript

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Here today, roam tomorrow. Join now at Sonesta.com. Terms and conditions apply. Bloomberg Audio Studios. Podcasts. Radio. News. This is Bloomberg Business Week Daily. Reporting from the magazine that helps global leaders stay ahead with insight on the people, companies and trends shaping today's complex economy.

Plus, global business, finance and tech news as it happens. The Bloomberg Businessweek Daily Podcast with Carol Masser and Tim Stenovec on Bloomberg Radio. Ian King is Bloomberg News U.S. Semiconductor. He joins us. Semiconductor reporter. He joins us from the same work. He's not our semiconductor. He's our semiconductor reporter. Not yet, Ian. Not yet. Although he thinks just as quickly. He thinks just as quickly. Maybe one day soon they will make a robot, Ian King. But today we are glad to have the real human being, Ian King.

Ian, we're glad to have you because you have such great experience, not just covering different semiconductor cycles, but also living in Korea earlier in your career and just seeing what's going on in the Korean market right now with memory chip stocks. I mean, what is your reaction here? Have you ever seen anything like this in your career? To the extent that they've gone up, absolutely not. We've certainly seen booms and busts for these companies along the way. I was there when SK Hynix was actually created as a forced merger by the government.

This was, you...

Memory Chip Frenzy Sends SK Hynix, Micron Into $1T Club

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Memory Chip Frenzy Sends SK Hynix, Micron Into $1T Club

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.