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The Business Brief WEDNESDAY, 19 AUGUST 2026
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SK Hynix Moves to Calm Market With $29 Billion Share Buyback

1 source ·1 article ·2h ago SK hynix

SK Hynix Inc. unveiled plans to buy back 40 trillion won ($29 billion) of its own shares, moving to calm investors worried about the durability of AI spending.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Technology ·2h ago

SK Hynix Moves to Calm Market With $29 Billion Share Buyback

SK Hynix Inc. unveiled plans to buy back 40 trillion won ($29 billion) of its own shares, moving to calm investors worried about the durability of AI spending.