🟢 005930.KS is trading 5.7% up today on reports of a 90 trillion won buyback and AI chip optimism

005930.KS is trading 5.7% up at KRW 360,000 following reports that Samsung may launch a 90 trillion won share buyback and growing optimism regarding AI-driven memory chip demand.

• Reuters reports the buyback plan is intended to fund employee stock bonuses, triggering a relief rally after the stock fell sharply in the previous session.
• The surge reflects broader market confidence in profit expectations for Samsung and SK Hynix as AI-related hardware demand continues to scale.