SK Hynix CEO Ko No-jeong: '2027 Will Bring the Worst Memory Supply Shortage in History'

SK Hynix, listed on NASDAQ, forecasts prolonged supply shortages due to surging demand for memory semiconductors. The company predicts 2027 will mark the most severe shortage in industry history, with demand outstripping supply even beyond 2030. CEO Ko No-jeong stated the supply side will face the toughest challenges in 2024, as customer demand continues to rise while production capacity hits limits. He emphasized efforts to address the imbalance, while noting long-term contracts are being signed to mitigate shortages. SK Hynix's leadership in high-bandwidth memory (HBM) for NVIDIA's AI accelerators positions it as a key beneficiary of AI infrastructure expansion. The CEO highlighted growing demand for HBM and DRAM driven by data center investments and AI adoption, affecting industries from computing to automotive. Analysts like Jensen Huang of NVIDIA and institutions like UBS predict supply shortages will persist through at least the second half of 2028, with projected capital expenditures for hyperscalers to rise sharply in the coming years.