Artificial intelligenceChairman says memory chip supplies to remain tight until 2030 despite expansionSK Group Chairman Chey Tae-won says massive price hikes are not healthy for the memory chip industry. (Photo by Cheng Ting-Fang) CHENG TING-FANG and LAULY LIJune 2, 2026 17:13 JSTTAIPEI -- South Korean chipmaker SK Hynix, a key Nvidia supplier, will double its total wafer capacity in the next five years to serve the massive increase in AI demand, while maintaining its projection that the unprecedented memory chip supply crunch could last until 2030.