SK Hynix announced during its second-quarter earnings report on July 29 that it anticipates sustained investment in artificial intelligence (AI) infrastructure from major cloud service providers (CSPs), despite potential slowdowns in AI investments from some big tech companies. The company stated, "We expect that AI-related investments from key CSPs will continue in the medium to long term, and the memory demand we are discussing with our customers reflects this trend."
The company added, "While there may be some fluctuations in the timing of investments for individual projects due to physical constraints such as power supply and data center construction, the ongoing competition among CSPs in AI and service expansion suggests that investment in AI infrastructure will remain robust beyond next year."
As a result, memory demand is also expected to grow. SK Hynix noted, "We anticipate an increase in demand across the memory spectrum, including high-bandwidth memory (HBM) for AI computations, server DRAM for agent-based AI, and high-performance, high-capacity NAND to accommodate the expansion of AI services and data growth."
* This article has been translated by AI.
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