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SK Hynix Warns 2027 Memory Crunch as $26.5B IPO Soars

7/12/2026

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Story summary
  • SK Hynix CEO Kwak Noh-jung said 2027 will be the worst year for memory supply.
  • He added that demand will remain above supply capacity beyond 2030.
  • SK Hynix’s U.S. IPO raised $26.5 billion, the largest ever for a foreign firm.
  • TrendForce reported DRAM contract prices rose 15%-18% quarter-over-quarter in Q3 2026.
  • Apple, HP, Dell and Lenovo have raised device prices, citing the memory crunch.