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moves money The Register June 12, 2026

SK Hynix to boost memory production 3x ... you can wait another 8 years, right?

SK Hynix to boost memory production 3x ... you can wait another 8 years, right?
AI Summary

Amid the unrelenting demand for AI infrastructure, SK Hynix, the world’s largest supplier of HBM memory used in high-end GPUs, now expects to triple its wafer capacity. You'll just have to wait through two more US presidential elections and then some. All that capacity won’t come online until 2034, SK Group Chairman Chey Tae-won told Nikkei Asia in a recent interview.

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