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Updated May 29, 2026

Astera Labs Co-Founders Win EY World Entrepreneur Of The Year 2026 Award

Co-founders Jitendra Mohan, Sanjay Gajendra, and Casey Morrison of Astera Labs have been named the EY World Entrepreneurs Of The Year for their exceptional leadership in semiconductor connectivity solutions. Chosen from a global field of nearly 5,000 program participants representing 46 countries, they represent only the fourth winner from the United States in the award's 26-year history. Under their leadership, Astera Labs has scaled to meet critical demands for artificial intelligence and cloud infrastructure hardware, proving how creative engineering and strategic business execution can drive global industries.

Sources: Jitendra Mohan, Sanjay Gajendra and Casey Morrison from the United States named EY World Entrepreneur Of The Year™ 2026
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South Korea's SK Hynix Surpasses $1 Trillion Valuation Mark Driven by Global AI Demand

Memory chipmaker SK Hynix has officially joined the exclusive rank of companies valued at over $1 trillion, driven by soaring global demand for dynamic random-access memory (DRAM) and high-bandwidth memory (HBM) chips used in artificial intelligence. The firm’s market capitalization surged to 1.66 quadrillion won (approximately $1.10 trillion) following a nearly 240% stock rise since the beginning of the year. Additionally, SK Hynix reported a threefold year-on-year revenue increase to 52.6 trillion won ($34.8 billion) alongside a fivefold operating profit surge to 37.6 trillion won ($24.9 billion).

Sources: South Korea’s SK Hynix enters exclusive $1 trillion club
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