SMSN.IL is trading 7.2% up at $5,440 today, driven by reports of a significant share buyback plan and a surge in the semiconductor sector following strong earnings from Micron Technology. - Samsung Electronics is reportedly planning a $59 billion (90 trillion won) share buyback program, linked to employee stock compensation, which sent shares higher. - Optimism in AI-related chips was boosted by Micron Technology's better-than-expected quarterly results and forecast, reinforcing confidence in the memory sector. - The rally also reflects a broader rebound in South Korean chip stocks after a recent selloff, with analysts continuing to highlight strong AI demand for components like MLCCs.