Tag: sk hynix shares

SK Hynix will buy back $28.61 billion in shares as AI memory demand stays strong, while investors watch chip prices, AI spending and shareholder returns. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Why is SK Hynix buying back $28.61 billion in shares amid the AI boom?

SK Hynix said on Wednesday that it will buy back and cancel treasury shares worth 40 trillion won, or $28.61 billion. The South Korean chipmaker…

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