Tag: SK Hynix

SK Hynix Unveils $28.6 Billion Share Buyback, Sending Stock Rallying

SK Hynix shares rallied after announcing a $28.6 billion share buyback and cancellation program, signaling confidence in surging AI memory demand.

South Korea’s KOSPI Halts Trading After 5.2% Plunge on Chip Selloff

South Korea's KOSPI briefly halted trading after a 5.2% plunge led by SK Hynix and Samsung as an AI stock selloff hit Asian markets and oil prices rose.

KOSPI Enters Bull Market, Rebounding 20% From July Low on Chip Rally

South Korea's Kospi entered a technical bull market Thursday, rebounding about 20% from its July low as SK Hynix and Samsung led a renewed AI chip rally.

Asian Tech Stocks Slide as SK Hynix Suffers Brief Flash Crash Amid AI Sell-Off

SK Hynix briefly plunged 30% in a flash crash as Asian tech stocks fell on a Wall Street AI sell-off, though analysts say the investment cycle holds.

SK Hynix Record Profit Sparks Selloff as Short Sellers Target New U.S. Shares

SK Hynix shares fell despite record profit, triggering a semiconductor selloff across Nvidia, Micron and AMD as short sellers targeted its new U.S. shares.

SK Hynix Posts Record Second-Quarter Profit on AI Chip Demand, Yet Misses Estimates

SK Hynix reported a record second-quarter profit fueled by AI memory chip demand, with revenue more than tripling year over year, though results missed est

South Korea Weighs Cap on Leveraged ETFs as Retail Investors Absorb Chip-Driven Losses

South Korean regulators are considering limits on leveraged ETFs for retail investors after heavy losses tied to a downturn in semiconductor stocks.

Chip Stocks Extend Selloff Amid AI Financing Doubts and China Competition Fears

Semiconductor shares fell for a second session as investors weighed AI financing costs and rising competition from Chinese chipmakers.

South Korea’s KOSPI and Wall Street Tech Grow Increasingly Intertwined as Chip Ties Deepen

South Korea's KOSPI has grown tightly correlated with the Nasdaq 100 as Samsung and SK Hynix ride surging AI memory-chip demand, raising volatility concern

Samsung and SK Hynix Seal $950 Billion U.S. Chip Supply Deals Amid AI Boom

Samsung Electronics and SK Hynix have unveiled combined $950 billion U.S. chip supply partnerships as South Korea hosts major AI industry players.

SK Group Chairman Chey Tae-won Ordered to Pay Ex-Wife $644 Million in Record Divorce

A Seoul court ordered SK Group Chairman Chey Tae-won to pay his ex-wife 944 billion won ($644 million) in what would be South Korea's most expensive divorc

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