Woofun AI reports that SK Hynix CEO Seok-Hee Lee stated the current memory chip shortage affecting computer, automotive, and equipment markets may last until after 2030. Lee noted that customers are signing long-term contracts because they "believe the shortage situation will persist longer."

SK Hynix, Samsung Electronics, and Micron Technology have benefited from the AI boom, with data center spending driving demand for traditional and high-bandwidth memory. This increased demand has exacerbated shortages in computers, smartphones, and automobiles, with analysis indicating insufficient availability for the foreseeable future.