SK Hynix Surges 8% on Record $28.6 Billion Buyback
SK Hynix shares rebounded 8% after a record $28.6 billion buyback plan, putting shareholder returns and chip-stock valuations back in focus.
3 articles
SK Hynix shares rebounded 8% after a record $28.6 billion buyback plan, putting shareholder returns and chip-stock valuations back in focus.
Micron and other AI chip stocks are retreating as high expectations, elevated Treasury yields and questions about AI spending unsettle investors.
Cerebras is betting a new specialized chip can revive its post-IPO stock by serving AI agents faster than traditional graphics processors.
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