Update
SK Hynix Plans $75 Billion Shareholder Return
SK Hynix, a South Korean memory chipmaker, plans to return $75 billion to shareholders in 2026. The company reported a record quarterly profit of 104.62 trillion won, up 328% from a year earlier. SK Hynix attributed the profit to demand from AI infrastructure, which has pushed memory chip prices sharply higher. The company also announced that it has sold out of both HBM and DRAM chips until 2029, reflecting sustained demand for AI infrastructure despite concerns over an AI spending slowdown.