The worst chip shortage in history is coming next year. SK Hynix CEO: Supply will continue to exceed demand in the next ten years

On Friday Eastern Time, on the day that South Korean storage giant SK Hynix made its debut on the U.S. stock market Nasdaq, its CEO Guo Luzheng said that the global storage industry is expected to face the most serious supply shortage in history in 2027. He also emphasized that although the company is vigorously expanding production, it predicts that storage demand will continue to exceed its production capacity for a long time within the next ten years. The largest storage shortage in history will come next year. Guo Luzheng told the media on Friday Eastern Time: "We expect next year to be the tightest supply year in the history of the industry...Customer demand continues to grow, but our production capacity is limited. We still expect that even after 2030, customer demand will still be higher than our supply capacity. But we are doing our best to solve this problem." Guo Luzheng's remarks were made after the successful listing of the South Korean chipmaker. SK Hynix has become a key player in the artificial intelligence supply chain with its leading position in the development of HBM used in Nvidia chipsets. As of Friday's close, SK Hynix's shares closed up 12.76% on Nasdaq on its first day, corresponding to a market value of US$1.22 trillion. US wafer fabs are under consideration. Guo Luzheng also said that the United States is still one of several candidates for its future wafer manufacturing investment, although no decision has been made yet. He said the company will give priority to areas that can provide sufficient land, power, water and skilled workers, as well as competitive manufacturing costs. "If these conditions are met, the United States, Japan and Southeast Asia are all under consideration," Guo said. "No decision has been made yet, and we are evaluating which location can bring the greatest business advantages." In addition to expanding overseas production sites, SK Hynix currently has its main factories in Icheon and Cheongju, where its headquarters is located, and is building a large facility in Yongin City. Recently, both SK Hynix and Samsung Electronics participated in a South Korean government plan to double the country's memory chip production capacity within five years. The plan includes investing 400 trillion won (approximately $266 billion) in each of southwestern South Korea to build chip production facilities. However, the plan has unsettled some investors who fear that if the