According to a market outlook report unveiled on Tuesday, the global demand for AI chips is anticipated to peak in the short term by 2028, potentially doubling chip sales in South Korea. During a press conference held at the Korea Exchange, Roh Geun-chang, the head of the Research Center at Hyundai Motor Securities, explained that the demand for AI chips would be propelled by infrastructure developments, notably AI servers. He highlighted that tech giants such as NVIDIA have plans to invest roughly $1 trillion in data center infrastructure. Roh projected that the HBM (High Bandwidth Memory) market would soar to $41.6 billion this year. Moreover, he suggested that if production capacity were to increase by 2.5 times, sales of South Korean semiconductor companies could nearly double over the next three years. Additionally, the market size for memory chips is expected to reach an all-time high of $201 billion, while the foundry market is projected to hit $170.8 billion, marking a 22.1% year-on-year increase.