AI Infrastructure Expansion Drives Global Memory Chip Shortage

Demand for High Bandwidth Memory (HBM) and Dynamic Random-Access Memory (DRAM) is currently outpacing global supply. This shortage is driven by the continuous expansion of artificial intelligence infrastructure, a trend that analysts expect will keep chip prices elevated through at least 2027.

Micron Technology Inc., Samsung Electronics Co. Ltd., and SK hynix Inc. currently dominate the HBM market. To manage the surge in requirements, these leading memory producers have secured multi-year contracts to stabilize supply chains and meet the needs of AI developers.