SK Group Addresses Persistent Wafer Shortage and Memory Price Stabilization Efforts

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During Nvidia’s GTC Conference in San Jose, California, SK Group chairman Chey highlighted the ongoing wafer shortage, projecting its persistence until 2030. This shortage has had ripple effects, notably on memory prices. In response, SK Hynix, under Chey’s leadership, is considering a U.S. ADR listing to enhance its global investor outreach. Additionally, the company’s CEO is poised to reveal strategies aimed at stabilizing DRAM chip prices. Amidst these efforts, the group is actively exploring alternative energy sources to diversify its portfolio.

Source: Tech-Economic Times