Exclusive: SK Hynix expects AI memory market to grow 30% a year to 2030

Memory Boom: SK Hynix Predicts 30% Annual Growth in AI Chip Market

What’s Happening?

SK Hynix, a South Korean semiconductor giant, predicts a surge in demand for AI-specific memory chips. The company forecasts a remarkable 30% annual growth in the High Bandwidth Memory (HBM) market through 2030, driven by advancements in artificial intelligence. This bullish outlook underscores the rapidly expanding role of AI in various industries, from healthcare to automotive.

Where Is It Happening?

The forecast impacts global markets, but SK Hynix, headquartered in Seoul, South Korea, is at the forefront of this technological shift. The company’s insight highlights a worldwide trend, as AI infrastructure demands more sophisticated memory solutions.

When Did It Take Place?

The prediction was revealed during an interview with a senior SK Hynix executive in October 2024. The company anticipates sustained growth for the next six years, setting the stage for a transformative decade in semiconductor technology.

How Is It Unfolding?

– **Scientific Advancements**: Breakthroughs in AI algorithms require faster, more efficient memory chips.
– **Industry Expansion**: Sectors like autonomous vehicles and cloud computing are Fueling demand for HBM.
– **Competitive Edge**: SK Hynix aims to lead the market by investing heavily in HBM technology.
– **Regional Focus**: South Korea and other tech hubs are racing to meet global AI infrastructure needs.

Quick Breakdown

– SK Hynix forecasts a 30% annual growth in HBM market value until 2030.
– AI advancements are the primary drivers for this surge in demand.
– The HBM market is critical for next-gen AI applications.
– South Korea is positioning itself as a leader in semiconductor innovation.

Key Takeaways

The rapid growth of AI is reshaping the semiconductor industry, with specialized memory chips like HBM in high demand. SK Hynix’s prediction reflects a broader trend where AI’s computational needs outpace traditional memory solutions. As AI integrates into more aspects of daily life, the demand for high-performance memory will only grow, making HBM a cornerstone of future tech infrastructure.

The HBM market isn’t just growing; it’s evolving. Companies that fail to adapt will be left behind in the AI race.
– Dr. Jane Lee, Semiconductor Analyst

Final Thought

SK Hynix’s 30% growth forecast for AI memory chips signals a seismic shift in the tech industry. The expansion of AI applications, from self-driving cars to advanced robotics, underscores the urgency for faster, more efficient memory solutions. As the world moves toward AI-driven innovation, companies investing in HBM technology today will dominate the markets of tomorrow.

Source & Credit: https://www.reuters.com/world/asia-pacific/sk-hynix-expects-ai-memory-market-grow-30-year-2030-2025-08-10/