Samsung, SK Hynix Prep Record Shareholder Returns Amid AI Boom
4 Articles
4 Articles
European declines • Korean chip giant SK Hynix announced a massive $29 billion buyback program and surged • Oil prices climb, Bitcoin soars • Walmart falls after U.S. same-store sales slow to six-year low • Surprising drop in U.S. unemployment
DRAM ETF receives a $101 billion catalyst from Samsung, SK Hynix
The Roundhill Memory ETF (DRAM) remains in a local bear market after falling more than 30% from its year-to-date high. It dropped to $55.40 from the year-to-date high of $81.35, with key news from Samsung and SK Hynix pointing to a rebound. SK Hynix and Samsung are planning massive shareholder returns Recent news is that Samsung Electronics and SK Hynix are planning to give their shareholders substantiual sums of money in the coming months. SK H…
Micron (MU) Stock Rises as SK Hynix and Samsung Launch Massive Buyback Plans
TLDR Micron stock rose nearly 1% in Thursday’s premarket, trading around $945, with no specific company catalyst driving the move. SK Hynix plans a $29 billion buyback; Samsung is reportedly planning one worth over 100 trillion won; Kioxia just completed a ~$5 billion buyback. Micron is blocked...
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