The artificial intelligence boom has created a strange problem for the memory industry. While companies build more capacity — Samsung Electronics Co. Ltd. (OTC:SSNLF), SK Hynix Inc. (NASDAQ:SKHY) and Micron Technology Inc. (NASDAQ:MU) are all expanding production — the supply relief investors are waiting for may still be almost two years away.
2028 is the earliest point when the industry’s competing expansion plans could simultaneously translate into meaningful production, according to Counterpoint Research Director MS Hwang.
