Samsung, SK Hynix flag record supply squeeze in memory market as AI demand soars
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Relevance
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25/25
Authority
18/20
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14/15
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Samsung Electronics and SK Hynix, South Korea’s two memory chip giants, are warning of a prolonged and severe global supply crunch, weeks after the two companies disclosed increased investments in their China wafer fabs to meet surging artificial intelligence demand. During Samsung’s first-quarter earnings call on Thursday, the company said its order fulfilment rate had plunged to a “record low”.
