SK Hynix CEO: Memory chip shortage to persist until 2030

Odaily News SK Hynix CEO Kwak Noh-Jung stated that the global memory chip shortage is expected to continue until the end of 2030, with low risk of oversupply, as memory chips are no longer "simply standardized commodities" in the AI era. Despite market concerns over an AI investment bubble, he said he sees "no" signs of oversupply risk or a potential memory downcycle, as demand from AI customers remains strong.

If "we pass the AI peak, or if another downcycle emerges in the future, challenges could arise. But I believe the next downcycle will differ from the downturns we have experienced over the past few decades. Even if a downcycle comes, I don't think it will be a sharp decline, but rather a slow decrease in demand, or even a plateau." (Jin Shi)