🟢 SMHX is trading 2.94% up in pre-market after SK Hynix's 40 trillion won buyback plan

SMHX is trading at $57.02 (+2.94%) after overnight strength in semiconductor shares, supported by SK Hynix’s buyback and cancellation plan.

• SK Hynix announced a 40 trillion won share buyback and cancellation plan beginning August 20, supporting chip-sector sentiment.
• Lower Treasury yields and firmer Asian equities improved risk appetite, while U.S. index futures remained mixed.
• The catalyst appears sector-driven, not company-specific.