SK Hynix CEO Predicts Memory Shortage Until 2030 as AI Demand Reshapes Supply Chains
4 Articles
4 Articles
SK Hynix CEO Predicts Memory Shortage Until 2030 as AI Demand Reshapes Supply Chains
West Lafayette, Indiana — SK Hynix broke ground on a $4 billion advanced packaging plant here last week. The move signals more than local job creation. It underscores a stark view from the top: the memory chip shortage won’t ease anytime soon. CEO Kwak Noh-jung told reporters on site that he sees the current tight supply stretching all the way to the end of 2030. No clear downturn signals. No sharp crash ahead. Just sustained pressure. The comme…
SK hynix Breaks Ground on $4 Billion AI Memory Facility in West Lafayette - CEOs of Indiana Corporate Partnership
Summary:SK hynix broke ground August 27 on a more than $4 billion advanced-packaging and research facility at Purdue Research Park. The company plans to open the cleanroom in 2028 and begin mass production of next-generation high-bandwidth memory in 2029. The project includes an advanced-packaging R&D testbed developed with Purdue and is expected to create [...] The post SK hynix Breaks Ground on $4 Billion AI Memory Facility in West Lafayette a…
SK hynix breaks ground on $4 billion AI Memory Facility at Purdue Research Park
WEST LAFAYETTE — A major investment in Indiana’s growing semiconductor industry took another step forward Thursday as SK hynix officially broke ground on a new $4 billion advanced packaging and research and development facility at Purdue Research Park. The Aug. 27 groundbreaking marks the beginning of construction on SK hynix’s first U.S. production hub for high-bandwidth memory (HBM), a type of advanced memory technology that plays an important…
Kwak Noh-jung, CEO of South Korean semiconductor giant SK hynix, has dismissed talk of reaching the top of the memory chip market, predicting that the chip shortage driven by the artificial intelligence (AI) industry will persist until at least 2030. According to the head of the company, after this period, a stable balance between supply and demand is expected, rather than a sharp decline in the market. These comments were made by Quack [...]
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