Shares of SK Hynix Inc. advanced on Thursday, lifted by an overnight rally in US chipmakers and growing speculation that the Korean semiconductor firm may soon unveil buybacks and other details of a broader shareholder return plan. Investors have been watching closely as SK Hynix faces mounting pressure to return capital to shareholders amid a volatile memory chip market. The company's stock gains were further bolstered by strong performance from its American counterparts, which saw significant gains overnight.

Analysts suggest that a formal announcement regarding share repurchases could come in the near term, potentially reshaping the firm's capital allocation strategy. SK Hynix, one of the world's largest providers of memory chips, has historically prioritized reinvestment over buybacks, making any shift toward shareholder returns a notable development. The move would align the company with broader industry trends among major chipmakers. Market participants remain attentive to any upcoming disclosures from SK Hynix that could confirm or clarify these expectations.