SK Hynix expects the global memory chip industry to face its most severe supply shortage in 2027, with demand continuing to outstrip production capacity well into the next decade, according to comments by Chief Executive Kwak Noh-jung reported by Reuters.
Speaking following the company's Nasdaq debut, Kwak said customer demand for memory chips continues to grow faster than the industry's ability to expand manufacturing capacity. Despite aggressive investment in new facilities, the company expects supply constraints to persist beyond 2030 as demand for artificial intelligence (AI) infrastructure accelerates.
