SK Hynix Plans About $45 Billion in Shareholder Returns
SK Hynix unveiled plans to return about $45 billion more to shareholders through dividends and buybacks after profit surged seven-fold. The company also reaffirmed its expectations, but the body is truncated.
SK Hynix Inc. unveiled plans to return about $45 billion more to shareholders after profit surged a stronger-than-expected seven-fold, reflecting the resilience of an AI infrastructure rollout that’s propelling memory chip demand.The world’s second-biggest memory chipmaker reaffirmed it expects sho…