Guo Luzheng, CEO of SK Hynix, said that the shortage of memory chips currently plaguing the computer, automobile and equipment markets may continue beyond 2030. Guo Luzheng said that customers are signing long-term contracts because they “think the shortage will last longer.” The company and its peers — Samsung Electronics and Micron — have become major beneficiaries of the AI boom. Massive spending by data center operators is driving demand for traditional memory as well as a new type of high-bandwidth memory. This rush to buy has made it more difficult to meet the widespread demand for memory chips, leading to shortages in fields such as computers, mobile phones, and automobiles. Guo Luzheng said that SK Hynix's analysis shows that this shortage may continue until the next ten years. Customer signals also indicate that people are not expected to get enough memory chips for some time to come.

Guo Luzheng, CEO of SK Hynix, said that the shortage of memory chips currently plaguing the computer, automobile and equipment markets may continue beyond 2030. Guo Luzheng said that customers are signing long-term contracts because they “think the shortage will last longer.” The company and its peers — Samsung Electronics and Micron — have become major beneficiaries of the AI boom. Massive spending by data center operators is driving demand for traditional memory as well as a new type of high-bandwidth memory. This rush to buy has made it more difficult to meet the widespread demand for memory chips, leading to shortages in fields such as computers, mobile phones, and automobiles. Guo Luzheng said that SK Hynix's analysis shows that this shortage may continue until the next ten years. Customer signals also indicate that people are not expected to get enough memory chips for some time to come.