SK Hynix: Memory supply shortage to persist until 2030, capital expenditure expected to increase significantly in 2027

BlockBeats news, October 28: SK Hynix stated that the average selling price of DRAM in the third quarter rose by more than 20% compared to the second quarter. It is expected that DRAM market demand will grow by more than 20% year-on-year in 2027. Capital expenditure in 2027 is expected to increase significantly compared to 2026. Long-term supply agreements (LTAs) for 2027 and 2028 have locked in supply volumes exceeding 50% of total capacity. Memory supply shortages will persist until 2030.

SK Hynix expects NAND market demand to grow year-on-year in 2027 at the high end of the teens percentage range. DRAM shipments in the fourth quarter are expected to grow at the mid-range of 20% compared to the third quarter. NAND shipments in the fourth quarter are expected to grow by a mid-single-digit percentage compared to the third quarter.

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