SK Hynix Forecasts Global Memory Chip Shortage to Persist Until 2030
South Korean semiconductor giant SK Hynix projects that high demand driven by artificial intelligence applications will sustain a global memory chip shortage through 2030. The company also signaled openness to increased foreign investment to expand production capacity and meet rising industry needs.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (24/100)Sources
SK Hynix Sees Memory Shortage Lasting Through 2030 as AI Demand Reshapes Industry - Morningstar
SK Hynix Sees Memory Shortage Lasting Through 2030 as AI Demand Reshapes Industry Morningstar
Read full article →SK hynix open to US investment, sees memory shortage through 2030
SK hynix CEO Kwak Noh-jung said Thursday the company remained open to further US semiconductor investment, while forecasting a global memory chip shortage through the end of 2030. “We are always open (for more investment), but nothing has been decided,” Kwak told reporters Thursday after a groundbreaking ceremony for the company’s advanced packaging plant in West Lafayette, Indiana. Kwak said SK hynix was looking globally for potential sites that could support its development and testing needs,
By The Korea Herald
Read full article →Coverage Timeline
Related Stories
Nigeria Reports 4.43 Percent Economic Growth in Second Quarter
31m ago
Prediction Platform Kalshi Permanently Bans George Santos Over Insider Trading
33m ago
Trump Administration Announces Major Oil Deal with Venezuela and Drug Pricing Pacts
1h ago
Aon Agrees to Acquire USI Insurance Services in $17 Billion Deal
1h ago