SK Hynix plans $45 billion shareholder return after seven-fold profit surge

Briefing by News4U · First published 2026-10-28 12:55:59 UTC

SK Hynix will return about $45 billion more to shareholders after profit rose seven-fold, driven by AI chip demand.

Bloomberg reported that SK Hynix 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 chip demand. [1]

Sources

1. SK Hynix Profits Surge, Fed Decision on Deck

   Bloomberg · 2026-10-28 11:19:31 UTC · Summary only

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