SK Hynix Chairman Choi Tae-won stated that AI semiconductor demand could increase 60% to 100% year-over-year next year, with storage semiconductor demand also expected to rise 50% to 60%. He noted that global supply has almost no large-scale capacity expansion plans, leading to corporate chip hoarding approaching "panic" levels.
AI memory demand is projected to double next year, but supply remains constrained, intensifying the scramble for HBM and other high-performance memory.