SK Hynix is said to plan a $12B special dividend from its Kioxia investment. That is a large cash return from a memory name, and the read is shareholder returns competing with capex. $000660.KS

What happened: SK Hynix is preparing a special dividend funded by gains from its Kioxia Holdings investment, per a DongA Ilbo report citing unidentified investment banking sources. Why it matters: The report says the payout would be a substantial one-time cash return and highlight the value SK Hynix realized from investing in a rival memory-chip producer, and could bolster shareholder confidence as semiconductor stocks face scrutiny over valuations and AI spending. Market: +4.0% today ($137.02) — as of 23:00 UTC Coverage: 4 outlets in 24h

SK Hynix is preparing a special dividend funded by gains from its Kioxia Holdings investment, per a DongA Ilbo report citing unidentified investment banking sources.

The report says the payout would be a substantial one-time cash return and highlight the value SK Hynix realized from investing in a rival memory-chip producer, and could bolster shareholder confidence as semiconductor stocks face scrutiny over valuations and AI spending. Market: +4.0% today ($137.02) — as of 23:00 UTC