SK Hynix CEO forecasts sustained memory chip supply crunch through 2030

SK Hynix CEO Kwak Noh-Jung dismissed concerns of a memory chip oversupply, projecting that high demand for AI-related hardware will sustain a supply crunch through the end of 2030. This outlook contradicts some market analyst fears of a cyclical downturn in the semiconductor sector. The forecast underscores the company's aggressive capital expenditure strategy to meet long-term HBM and high-capacity DRAM requirements.