SK Group Chairman Expects Chip Shortage to Last Until 2030

SK Group Chairman Chey Tae-won said today that AI demand will extend the chip wafer shortage until 2030. The firm is also considering a U.S. listing for SK Hynix.

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The chairman of SK Inc. has projected that the global shortage of chip wafers will likely persist until 2030, driven by the relentless expansion of the artificial intelligence sector. Speaking on the sidelines of the GTC Conference hosted by NVIDIA Corporation in San Jose, California, Chey Tae-won provided a cautious outlook for the semiconductor supply chain.

SK Group Chairman Chey Tae-won delivers a speech during the 2025 APEC CEO Summit held in Gyeongju, South Korea. REUTERS/Tyrone Siu/File Photo
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