SK hynix CEO Kwak No-jung said the global memory-chip shortage is expected to last through the end of 2030, with little risk of oversupply because AI has made memory chips less like standardized commodities. Despite concerns about an artificial-intelligence investment bubble, he said strong demand from AI customers offered no clear sign of an oversupply or memory downturn. If AI demand eventually peaks, he expects any subsequent downturn to be milder than previous cycles, with demand declining slowly or stabilizing rather than collapsing sharply.