This article is from: srnnews.com
SAN JOSE, California, March 17 (Reuters) – South Korea’s SK Group Chairman Chey Tae-won on Monday said 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 sideline of Nvidia’s 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.
(Reporting by Heekyong Yang and Max A. Cherney, Additional reporting by Stephen Nellis and Hyunjoo JinEditing by Ed Davies)
Brought to you by www.srnnews.com
