On March 16, 2026, in San Jose, California, Chey Tae-won, the chairman of South Korea's SK Group, addressed the ongoing global chip wafer shortage. He stated that the demand for chip wafers is significantly driven by artificial intelligence, leading to a persistent imbalance between supply and demand. Chey indicated that this shortage may last until 2030, predicting a deficit of over 20% in wafer supply. Additionally, he mentioned that SK Hynix is examining options for a US American Depositary Receipt (ADR) listing to attract international investors while the company seeks to implement strategies for stabilizing DRAM chip prices, amidst ongoing challenges in the market. As the leading supplier of high-bandwidth memory (HBM), holding a 57% share in the HBM market and 32% in the global DRAM market, SK Hynix's contributions are vital as the tech industry continues to evolve with increasing requirements for AI applications. Chey's remarks highlight the necessity for further investments in wafer production to meet growing technology needs and ensure stability in pricing for DRAM chips, an essential component for various digital devices. This proactive stance aims to strengthen SK Hynix’s market position while addressing investor concerns about the semiconductor sector's future amidst fluctuating demand levels.