🟢 005930.KS is trading 5% up today on reports of a 90 trillion won buyback and AI chip demand

005930.KS is trading about 5% up at KRW 358,250 as the stock extends its rebound from the recent tech sell-off, driven by significant buyback reports and AI sector growth.

• Samsung is reportedly considering a massive 90 trillion won share buyback program intended to fund employee stock bonuses.
• Investor sentiment is bolstered by surging demand for High Bandwidth Memory (HBM) and AI-related components, which are expected to support record profits.
• The price action reflects a strong recovery as the company capitalizes on the broader rebound in global semiconductor demand.