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

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

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