Friday, November 15, 2024

Filing: Samsung plans to buy back about $7.2B of its own stock in stages over the next year, in one of the larger shareholder return programs in its history (Bloomberg)

Bloomberg:
Filing: Samsung plans to buy back about $7.2B of its own stock in stages over the next year, in one of the larger shareholder return programs in its history  —  - Samsung's stock soared as much as almost 9% on Friday  — Investors fear the company is missing out on the AI boom



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SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions (Ian King/Bloomberg)

Ian King / Bloomberg : SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remar...