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SK Hynix to triple wafer capacity by 2034

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SK Hynix to boost memory production 3x ... you can wait another 8 years, right?

We're moving as fast as we can, says SK Group chair

Amid the unrelenting demand for AI infrastructure, SK Hynix, the world’s largest supplier of HBM memory used in high-end GPUs, now expects to triple its wafer capacity. You'll just have to wait through two more US presidential elections and then some.

All that capacity won’t come online until 2034, SK Group Chairman Chey Tae-won told Nikkei Asia in a recent interview.

SK Hynix’s valuation has soared in recent months. The company is one of three major producers of NAND flash and DRAM memory, large quantities of which are required to support the burgeoning AI inference market. Samsung and Micron are the other two major players in this space.

This demand has led to skyrocketing memory prices for consumer DRAM and SSDs, some of which...

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