SK Hynix Shares Rise More Than 6% Overnight
SK Hynix reported record results, announced more than $23 billion in dividends and buybacks, and said DRAM and HBM chips are sold out until 2029, with shortages expected through 2030.
SK Hynix reported record results and announced over $23 billion in dividends and buybacks, sending its shares higher and boosting retail trader sentiment. The memory chip major also said it had sold out of DRAM and HBM chips until 2029 and that chip shortages will continue through 2030.SK Hynix’s…