SK Hynix CEO Warns 2027 Will Be Memory’s “Worst Year” Ever, With Shortages Set To Outlast The Decade - Wccftech
SK Hynix CEO Kwak Noh-jung has warned that 2027 will be the memory industry's worst year for supply shortages, with demand expected to outpace production well into the next decade. The surge in AI-driven demand for HBM and other high-performance memory is straining global supply chains.
Why it matters
Persistent memory shortages could throttle the growth of the AI sector and increase costs for consumer electronics and enterprise hardware.
SK Hynix CEO has warned that memory shortages will be at their worst in 2027 as it celebrates its trading debut on Nasdaq in Times Square.
Well, memory shortages have gripped all aspects of the tech industry, and it seems to have become the norm these days. As the supply crunch continues, the CEO of SK Hynix, one of the three largest DRAM producers, has said that things are about to get much worse for the memory market.
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Talking to Reuters at the commemoration of SK Hynix's Nasdaq Trading Debut of its ADR, CEO Kwak Noh-jung stated that the memory industry will see its "worst-ever" supply shortages in the coming year (2027). SK Hynix has also forecasted that, given the current market demand, they will fall way short of fulfilling the market demand, and that will continue beyond 2030.
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