According to SK Hynix CEO Guo Lu-zheng on July 10, the global memory chip industry is entering the most severe supply shortage in history, with 2027 expected to be the tightest supply year, extending beyond 2030. The company's ADR debuted on Nasdaq last Friday with a 12.76% gain, closing at $168.01 and peaking near 19% intraday.
Meanwhile, Samsung Electronics plans to accelerate its Yongin fab investment to 2029 from original timeline, aiming to meet surging AI chip demand. Samsung and SK Hynix are investing in South Korea's national semiconductor initiative totaling at least $880 billion.