SK Hynix (SKHY) CEO Kawk Noh-jung said he believes the global memory industry is heading into its “worst year” during its supply shortage in 2027, with the demand for memory continuing to exceed the company’s ability to produce it, Heekyong Yang and Kenneth Li of Reuters reports. “We forecast that next year will be the worst year in the industry’s history from the supply perspective,” Kwak told Reuters in an interview on Friday. “Our customer demand continues to go up, while our capacity has limitations. We still forecast that customer demand will remain higher than our supply capacity even beyond 2030. But we are doing our best to solve the problem.”TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
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