$SKHY Warns Memory Shortage Could Worsen in 2027 SK Group Chairman Tae-Won Chey says the memory shortage could peak in 2027 and persist through 2030 as AI demand continues to outpace supply • Memory shortage could peak in 2027 and persist through 2030 • SK Hynix plans $72B in global expansion, targeting a doubling of capacity within five years • New fabs will be tied to long-term customer orders to avoid overcapacity • The company is evaluating additional sites, including Indiana • HBM uses around 4x the wafer area of standard DRAM, while stacking yields remain constrained • SK Hynix is exploring customer JVs and a “Memory as a Service” model to share investment risk • Nvidia is currently its most important customer, alongside Google, Microsoft and Meta