For nearly a year now, memory chip prices have been on a relentless upward trajectory, with spot prices soaring to 5 to 10 times their previous levels. The three leading memory manufacturers have been reaping substantial profits, with some even projecting a decade-long continuation of this price surge. However, the tide appears to be shifting, as SK Hynix has stepped forward to voice its concerns. Chey Tae-won, the chairman of SK Hynix, remarked that the current memory prices are abnormally inflated, which not only stifles market demand but also has the potential to spark geopolitical conflicts in the future.
