SK Hynix CEO Says Memory Chip Shortage May Extend Beyond 2030 as Customers Sign Long-Term Deals

According to Wall Street Journal, SK Hynix CEO Guo Lu-zheng stated recently that the memory chip shortage sweeping computer, automotive, and consumer electronics markets could extend beyond 2030. The CEO made the remarks following the company's record-breaking ADR offering in the United States.

Customers are actively securing long-term supply contracts, reflecting widespread belief that the shortage will persist for an extended period. The tightness is primarily driven by surging demand from AI data center construction, which has rippled across PC, smartphone, and automotive markets, prompting clients to accelerate multi-year supply agreements.