SK Hynix Forecasts Global Memory Shortage Peak in 2027, Supply Crunch to Extend Beyond 2030

According to SK Hynix CEO Kwak Noh-jung on Friday, the global memory industry will face its worst supply shortage in history in 2027, with customer demand expected to exceed the company's supply capacity continuing through 2030 and beyond. The executive cited sustained surge in artificial intelligence-driven high-bandwidth memory (HBM) demand, which is outpacing production capacity expansion.

SK Hynix completed its Nasdaq initial public offering on Friday, raising $26.5 billion by selling 179 million American Depositary Shares at $149 per share, making it the world's second-largest IPO on record. The stock opened at $170, up approximately 14% from the IPO price, reflecting investor confidence in long-term AI memory demand.