Global AI Chip Shortage May Spark Geopolitical Tensions

SK Group Chairman Chey Tae-Won warned that the global shortage of AI memory chips could become a big problem.

He said that the demand for these chips is growing very fast, but the supply is not keeping up.

This could lead to countries trying to secure chip supplies for themselves, which might cause conflicts.

Chey also mentioned that high prices could harm Korean chipmakers and attract new competitors.

To fix this, SK hynix is building more factories and investing a lot of money.

They are also looking at places around the world to set up new factories.

Chey said that the US is trying to get South Korean companies to invest there, but the company is focusing on what's best for their operations.