Lates News

Concept stocks of storage companies in the East US surged against the trend on Tuesday. On the news front, it was reported that the two major storage chip giants in South Korea, Samsung Electronics and SK Hynix, will continue to reduce NAND flash memory production, potentially exacerbating supply shortages. According to South Korean media citing market research firm Omdia, Samsung Electronics' NAND wafer production this year is expected to decrease from 4.9 million pieces last year to 4.68 million pieces, even lower than the production cut level implemented in 2024 due to deteriorating profitability. SK Hynix's NAND production will also decrease from about 1.9 million pieces last year to 1.7 million pieces this year. In addition, Micron Technology executives pointed out that the memory chip shortage in the past quarter has worsened and reiterated that the shortage is expected to continue beyond this year due to the surge in demand for high-end semiconductors required for artificial intelligence infrastructure. This is consistent with a similar prediction made by the company in December.