SK Hynix CEO: Memory Shortage to Persist Through the End of 2030 (www.newsis.com)

SK Hynix CEO Noh Jong Kwon announced that the current memory supply shortage is expected to persist until the end of 2030, during the groundbreaking ceremony for an AI memory advanced packaging facility at Purdue University in Indiana. Kwon noted that there are no clear signs of a downturn despite market fluctuations, indicating that even if a decline occurs, it is unlikely to be as severe as previous downturns due to the shift in their business model towards customized products for AI applications. This forecast is significant for the AI/ML community, as it underscores the continuing demand for memory solutions tailored to advanced technologies like AI. Kwon highlighted that the transition from standard to partially or fully customized products could mitigate the impact of supply shortages, suggesting that demand will stabilize rather than drastically drop during any downturn. The CEO emphasized the importance of flexible production in meeting specific demands, assuring that post-2030 concerns about supply should not be as pronounced, as the industry adapts to the evolving needs of AI.