Filing: SK Hynix plans a ~$29B share buyback, repurchasing and canceling up to 24M treasury shares, in a bid to calm worries about the durability of AI spending (Denny Thomas/Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-08-19/sk-hynix-announces-28-6-billion-share-buy-back-on-ai-boom"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260819/i8.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260819/p8#a260819p8" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Denny Thomas / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-08-19/sk-hynix-announces-28-6-billion-share-buy-back-on-ai-boom">Filing: SK Hynix plans a ~$29B share buyback, repurchasing and canceling up to 24M treasury shares, in a bid to calm worries about the durability of AI spending</a></b></span>&nbsp; &mdash;&nbsp; SK Hynix Inc. unveiled plans to buy back 40 trillion won ($29 billion) of stock and return more of its profits to shareholders &hellip; </p>