Tag: SK Hynix stock

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

 August 19, 2026  Leave a Comment on 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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SK Hynix rose from a struggling chipmaker to a $1 trillion AI giant. (Photo by Jung Yeon-je / AFP) (AFP)
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How SK Hynix went from struggling chipmaker to $1 trillion AI giant and why it is coming to Nasdaq

 August 2, 2026  Leave a Comment on How SK Hynix went from struggling chipmaker to $1 trillion AI giant and why it is coming to Nasdaq

SK Hynix was once a struggling chipmaker. Today, the South Korean memory-chip maker is the country’s second-most valuable listed company, behind Samsung Electronics. The company’s…

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