SK Group Chairman: Wafer Shortage to Last Until 2030, Considering SK hynix ADR Listing

According to foreign reports, South Korea's SK Group Chairman Chey Tae-won said that the global chip wafer shortage is likely to persist until 2030, as demand driven by artificial intelligence continues to outpace supply. Speaking to reporters on the sidelines of Nvidia GTC Conference ​in San Jose, California, Chey said that SK hynix is reviewing a potential U.S. ADR ​listing to broaden its global investor base, while its CEO may unveil plans ⁠to stabilise DRAM chip prices and the group explores alternative energy sources.