SK Hynix raises $26.5 billion in U.S. IPO and forecasts memory chip shortage through 2030 driven by AI demand
Funding Provisional 85% confidence first seen
SK Hynix completed a $26.5 billion IPO in the United States and announced forecasts that memory chip shortages will peak in 2027 and persist through 2030 due to sustained demand from AI accelerators. The company is simultaneously investing in building its first U.S. manufacturing facility to capitalize on this long-term demand and position itself to escape historical memory chip industry cycles.