Woofun AI reports that UBS identifies a structural supply shortage in the memory chip market expected to persist through mid-2028, fueled by rising AI demand. The bank forecasts total industry revenue will reach $992 billion in 2026 and nearly double to $1.76 trillion by 2027.

High-Bandwidth Memory (HBM) serves as the primary growth catalyst, with demand projected to increase 90% year-over-year to 33.1 billion Gb in 2026. In 2027, HBM demand is anticipated to rise another 77% to approximately 58.7 billion Gb.