Published • loading... • Updated
SK Hynix says memory shortages to persist until 2030
- On Wednesday, The Korean memory-maker Hynix reported record quarterly revenue of $78.1 billion, up 328 percent year-over-year, with operating profit reaching $62.8 billion, a 486 percent increase driven by AI demand.
- The Korean company attributes this growth to a "virtuous cycle" where AI-driven productivity gains drive infrastructure investment, expanding the buyer base to include "general enterprises" and nations building sovereign infrastructure.
- Hynix secured 14 long-term deals covering more than half its output through 2027 and 2028, using "a mechanism that reflects market conditions within a price range agreed upon with customers."
- Chief financial officer Kim Woo-hyun warned that shipment volumes for PCs and mobile devices will likely decrease as memory price increases create cost burdens, even as demand exceeds supply through 2030.
- Investors sent the share price up three percent, as Hynix plans to prioritize Increasing HBM4 production and LPDDR5 SOCAMM sales to sustain the AI-driven boom through coming years.
Insights by Ground AI
Podcasts & Opinions
34 Articles
34 Articles
Apple memory supplier expects price increases through at least 2030
Key Apple memory supplier SK Hynix has warned that RAM and flash memory shortages are likely to last through at least 2030, keeping product prices high. Apple is believed to be one of 14 customers who have locked in priority orders, but the contract does not protect against price increases related to the balance of supply and demand … more…
·Cupertino, United States
Read Full Article
Coverage Details
Total News Sources34
Leaning Left2Leaning Right2Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
Factuality
To view factuality data please Upgrade to Premium
