Tag: SK Hynix

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?

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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Elon Musk says memory, not compute, could be AI’s next big bottleneck. (REUTERS/Manuel Orbegozo/File Photo) (REUTERS)
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Elon Musk says AI’s next big problem is memory, not compute: Why SK Hynix, Micron and Sandisk could benefit

Elon Musk says memory could be AI’s next big bottleneck. Tesla and SpaceX CEO Elon Musk recently agreed with the view that memory, rather than…

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SK Hynix rose from a struggling chipmaker to a $1 trillion AI giant. (Photo by Jung Yeon-je / AFP) (AFP)
Posted in Business

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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