Samsung, SK hynix, Micron ramp up capacity as demand for AI infrastructure outpaces supply

Seoul [Korea], July 13 (ANI): Global memory chipmakers — Samsung Electronics, SK hynix and Micron Technology — are accelerating capacity expansion to capitalise on the artificial intelligence (AI) boom, as demand for high-bandwidth memory chips used in AI servers continues to exceed supply, as per Korea Herald.

Citing World Semiconductor Trade Statistics, the report noted that the global semiconductor market will likely grow 90 per cent this year to USD 1.51 trillion. Additionally, the memory market alone is forecast to surge 250 per cent to USD 803.9 billion.