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Memory Shortages May Last Four Years, Warns SK Group

3/17/2026

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Story summary
  • Chey Tae-won, chairman of SK Group, warned at Nvidia's GTC Conference that memory shortages could last four to five years due to constraints.
  • He added SK Hynix, Samsung, and Micron control most of the market but cannot meet demand, which exceeds supply by over 20%.
  • The shift to AI-specific memory worsened the shortfall in conventional storage, hurting profits and prompting talks of price stabilization and a U.S. ADR listing.