# The company's stock shot up over 15 percent today following record earnings and reports of a potential chipmaking deal with Apple.

*semiconductor · news · 2026-05-06 · The Verge*

## Key points

- Samsung's market valuation surpassed $1 trillion for the first time.
- Samsung stock surged over 15 percent today following record quarterly earnings.
- Reports indicate Samsung may secure a major chipmaking deal with Apple.
- Samsung is now the second Asian company, after TSMC, to reach a $1 trillion valuation.

**Companies:** Samsung, TSMC
**Countries:** South Korea, Taiwan

[Read the full story on The Verge](https://www.theverge.com/tech/924926/samsung-is-a-1-trillion-company)

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