SK Group chairman says memory chip shortage will last until 2030
SK Group chairman Chey Tae-won announced that the global memory chip shortage is expected to last until 2030 due to a significant supply-demand gap. He highlighted that leading memory manufacturers are expanding their production capacity, but it will take several years to meet the rising demand. The shift towards high-bandwidth memory for AI applications is also impacting the availability of conventional DRAM, leading to increased prices in consumer electronics.
- ▪The global memory chip shortage is projected to last until 2030.
- ▪Wafer supply currently lags demand by over 20%.
- ▪SK Hynix is building a $13 billion HBM facility, with completion expected by the end of 2027.
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PC Components RAM DRAM SK Group chairman says memory chip shortage will last until 2030 — wafer supply trails demand by 20% News By Luke James published 18 March 2026 SK Hynix's CEO is expected to announce price stabilization measures soon. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Getty Images / Jung Yeon-Je) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Email Share this article 12 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter SK Group chairman Chey Tae-won told reporters at Nvidia's GTC conference in San Jose on Monday that the global memory chip shortage is likely to persist for another four to five years, with industry-wide wafer supply…
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