For years, Apple Inc. (NASDAQ:AAPL) showed that a technology company could keep investing for growth while returning enormous amounts of cash to shareholders. Now, SK hynix Inc. (NASDAQ:SKHY) appears to be following a similar playbook.
Its record 40 trillion won ($28.6 billion) share buyback isn’t just a response to a falling stock price—it signals a broader shift in how the AI memory leader intends to deploy the cash generated by the industry’s biggest boom in years.