📉 Solidigm Nasdaq Listing Fears:
Rumors are swirling that SK hynix is pushing for a U.S. Nasdaq listing for its subsidiary, Solidigm. Shareholders are panicking that outside investors will dilute SK hynix's stake and add to the infamous "Korea discount."
🤖 Wild AI Rumors Shot Down:
Crazy Telegram rumors claimed SK hynix was selling HBM chips to Nvidia at a massive 50% discount just to grab priority GPUs. SK hynix strongly denied this, calling it completely false.
💰 Cash Hoard vs. Shareholder Returns:
While Korean chip giants (Samsung & SK hynix) are sitting on a massive $263.4B in net cash fueled by the AI boom, investors are frustrated over weak payout policies compared to global peers like Micron (who returns 100% of free cash flow).
📉 Market Reaction: SK hynix shares dropped 4.88% to close at 1,422,000 won.
✨ Quick Damage Control: In response to the backlash, SK hynix announced a 375 won per share dividend and promised to reveal enhanced shareholder return plans early in Q3.
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