SK Hynix CEO told Nikkei the memory crunch runs through end of 2030.
Kwak Noh-jung, speaking after the Indiana HBM packaging groundbreaking, sees no signal of oversupply or classic downturn. AI demand remains strong. Memory is no longer "just commodities."
Same message he gave Korean press. Next downcycle, if it comes, should look different because AI parts are moving from standard stacks toward partial or fully custom products.
Supply is being built against named demand. He's not worried about post-2030 collapse.
Also left door open to more U.S. investment if power, capital, and subsidies align.
$SKHY $NVDA
$NVDA locking $279 billion of supply and guiding 70% growth into fiscal 2028 is the customer side of the same claim.
The risk isn't that he's talking his book. The risk is that every memory CEO is now using 2030 as the floor.
Kwak Noh-jung, speaking after the Indiana HBM packaging groundbreaking, sees no signal of oversupply or classic downturn. AI demand remains strong. Memory is no longer "just commodities."
Same message he gave Korean press. Next downcycle, if it comes, should look different because AI parts are moving from standard stacks toward partial or fully custom products.
Supply is being built against named demand. He's not worried about post-2030 collapse.
Also left door open to more U.S. investment if power, capital, and subsidies align.
$SKHY $NVDA
$NVDA locking $279 billion of supply and guiding 70% growth into fiscal 2028 is the customer side of the same claim.
The risk isn't that he's talking his book. The risk is that every memory CEO is now using 2030 as the floor.
