SK Hynix Memory Supply Outlook and Nasdaq Debut
SK Hynix chief executive Kwak Noh-jung warned that the global memory industry will face its worst supply shortage ever in 2027, stating that customer demand will continue to outpace the company’s production capacity. He noted that the upcoming year is forecast to be the most challenging from a supply perspective, with demand rising while capacity remains constrained. Kwak further projected that demand will stay above supply beyond 2030, and the company is actively working to address these capacity limitations.
On the same day, SK Hynix commenced trading on the Nasdaq following a blockbuster initial public offering. The IPO involved the sale of 177.9 million American depositary shares at $149 per share, generating $26.5 billion in proceeds, making it the world’s second‑largest listing after SpaceX. The stock opened at $170, representing a 14% premium to the IPO price, and by Friday afternoon was trading around $171, up approximately 14.8% from the offering price.
The company highlighted its strategic role in the artificial‑intelligence supply chain, emphasizing its development of high‑bandwidth memory that is used in Nvidia chipsets.