SK Hynix CEO: Memory Chip Shortage to Persist Through 2030

August 30 - SK Hynix CEO Kwak Noh-jeong said global memory chip shortages are expected to last through the end of 2030, with low risk of oversupply, as memory chips are no longer "simple standardized commodities" in the AI era, according to Jinshi reports. Despite market concerns over an AI investment bubble, he said he sees "no signals" of oversupply risk or a potential memory downcycle, citing sustained strong demand from AI customers. "Challenges could arise if we pass the AI peak or if another downcycle emerges in the future. But I believe the next downcycle will differ from the downturns we've 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 decline in demand, or possibly even a leveling off."