The Korean chip giant taps AI windfall to launch its biggest-ever stock repurchase program.
Samsung Electronics disclosed a plan to buy back up to $78.88 billion of its own shares, the largest repurchase in its history. The move comes as AI-driven demand for semiconductors propels the company's earnings to new heights.
The announcement follows a wave of AI initiatives, including a collaborative effort by Red Hat, NVIDIA, and IBM to codify AI policy, and Meta's unveiling of its personal AI superintelligence strategy. Industry analysts see the buyback as a vote of confidence in the long‑term value of AI‑enabled hardware.
Investors are watching closely as AI continues to reshape market dynamics, with chip makers and tech startups alike capitalising on the surge in generative AI workloads.