🟢 005930.KS rebounded 8% on July 3rd as Samsung considers share buyback and aggressive DRAM price hikes

005930.KS rebounded 8.22% on July 3rd to $309500, driven by news of Samsung Electronics considering a share repurchase program and aggressive Q3 DRAM price hike negotiations. This recovery followed a significant drop on July 2nd, when the Kospi index plunged over 7% due to: - Concerns over Meta's Meta Compute plans suggesting AI overinvestment. - Reports of Apple's talks to source chips from Chinese manufacturers, potentially impacting South Korean chipmakers. - A class-action lawsuit filed against Samsung, Micron, and SK Hynix alleging DRAM price-fixing.