SK Hynix CEO Kwak Noh-Jung said the global memory chip shortage could stretch beyond 2030, with the supply gap expected to exceed 20%. The company, described as the world’s second-largest memory chip maker, said surging AI workloads are driving demand for high-bandwidth memory. To respond, SK Hynix plans to double its memory wafer capacity over the next five years, while 2026 capital spending is projected to top $2 billion.
The company also said it is shifting toward AI-focused memory alongside Samsung and Micron, and has signed long-term contracts with hyperscale cloud service providers. In parallel, SK Hynix is exploring an American depositary receipt listing to broaden its investor base. The update was cited by Techub, which attributed the report to CryptoBriefing. The remarks add to the picture of tightening memory supply as AI infrastructure demand continues to rise across major cloud and compute markets.
SK Hynix warns memory shortage may persist past 2030
SK Hynix CEO Kwak Noh-Jung said the global memory chip shortage could continue beyond 2030, with the supply gap expected to exceed 20%.
The world’s second-largest memory chip maker said explosive growth in AI workloads is lifting demand for high-bandwidth memory.
Capacity expansion and higher spending plans
SK Hynix plans to double memory wafer capacity over the next five years, and its 2026 capital expenditure is expected to come in above $2 billion.
The company said it is moving toward AI-specific memory alongside Samsung and Micron, and has signed long-term contracts with hyperscale cloud service providers. It is also exploring an American depositary receipt listing to expand its investor base.
Techub cited CryptoBriefing for the report.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
