Memory chip giants are sitting on a cash mountain... and decided to hand it back to shareholders
๐ฐ๐ท Figures that shook the market:
- Samsung: a 100 trillion won return plan โ $75 billion
- SK Hynix: largest share buyback in its history of 40 trillion won โ $28 billion + cancellation
Why is this important? ๐
Demand for HBM and DDR5 for AI has caused their profits to explode. Expected to reach net cash of $263 billion by the end of 2026
The question that worries me ๐
If the AI cycle is still at the beginning... why do they bring the money back instead of investing wildly in new factories?
Summary of speculators ๐
Rebuying = strong support for the stock in the short term
Could this be an indication that management sees expansion opportunities as becoming less attractive at these prices
AI is making gains... but is the ceiling near? ๐ค
#Samsung #SKHyni #Semiconductors #ChipStocks #MantaRWA
