Micron’s second-quarter performance exceeded Wall Street expectations across all primary financial metrics, signaling that the insatiable demand for memory chips remains unabated. This bullish outlook rippled through the market, pushing Nasdaq futures higher and centering attention on the Asian supply chain.

SK Hynix is leveraging this momentum to push forward with a U.S. listing aimed at raising over $29 billion. By launching American depository receipts on July 10, the company expects to attract significant overseas capital and potentially close the long-standing valuation gap it faces on the domestic Kospi exchange. Analyst Douglas Kim noted that the move is poised to provide a substantial near-term boost to the company’s profile.

Samsung, meanwhile, is addressing its own market position by signaling a potential share buyback. While specific details remain unconfirmed, reports from the Yonhap news agency suggest a program valued at 90 trillion won. Both firms have seen extraordinary growth this year, with SK Hynix stock increasing more than fourfold and Samsung nearly tripling as they continue to dominate the global AI infrastructure market.