Are Wang Po selling melons? SK Group chairman: Doubling storage capacity is still far from enough

ME AI In a message, SK hynix chairman Choi Tae-won said that demand for AI memory is growing exponentially. Production capacity will double in five years, but it will still be difficult to meet the market shortfall. Previously, CEO Koo Ro-jeong also said that more and more customers are choosing to sign long-term supply contracts, and it is expected that 2027 will be the tightest year for industry supply, with the shortage continuing beyond 2030. (Source: Wall Street Insights)
SK Hynix-0.27%
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