Nvidia CFO: Memory prices to rise further; SK Hynix expects supply-demand balance by 2030

Nvidia CFO Colette Kress stated that memory prices are experiencing extreme conditions and are expected to increase further next year, impacting Nvidia's profit margins. The current shortage is largely driven by AI infrastructure development. Meanwhile, SK Hynix (SK海力士) projects that the memory market will not reach supply-demand balance until 2030 at the earliest, and has committed approximately $38.3 billion to expand its facilities in South Korea through 2031. SK Hynix currently holds about 50% of the high-bandwidth memory market share, followed by Samsung (三星电子) at 33% and Micron (美光科技) at 18%.