🚨 AI chip demand is turning the memory market into a supply race.
SK Group Chairman Chey Tae won said customer demand for chips has doubled this year and called the race to secure AI memory “like a war.”
He said no memory maker can scale fast enough for 2027 demand, which he expects to be the worst shortage year ahead.
SK Hynix is pursuing a $720 billion capacity expansion through 2034 and is evaluating US sites beyond its $3.9 billion Indiana plant.
Memory prices have already risen 40% to 50%, forcing Apple to raise flagship prices. Chey called this “chip inflation” and said there is no short term fix.
SK Group Chairman Chey Tae won said customer demand for chips has doubled this year and called the race to secure AI memory “like a war.”
He said no memory maker can scale fast enough for 2027 demand, which he expects to be the worst shortage year ahead.
SK Hynix is pursuing a $720 billion capacity expansion through 2034 and is evaluating US sites beyond its $3.9 billion Indiana plant.
Memory prices have already risen 40% to 50%, forcing Apple to raise flagship prices. Chey called this “chip inflation” and said there is no short term fix.