SK Hynix CEO Says Global Memory Chip Shortage May Last Until 2030

SK Hynix CEO Kwak Noh-Jung said the global memory chip shortage is expected to continue until the end of 2030, while the risk of oversupply remains low. According to Odaily, he said memory chips are no longer just standardized commodities in the AI era, and that demand from AI customers remains strong despite concerns about an AI investment bubble. Kwak said he sees no signs of oversupply risk or a potential memory downturn. He added that if the AI peak has passed or another downturn emerges, challenges could arise, but any future cycle would differ from past decades and would likely involve a gradual decline in demand rather than a sharp drop.