SK chief warns AI memory shortage could turn geopolitical

SK Group Chairman Chey Tae-won said the global shortage of AI memory chips is severe enough that foreign governments have started intervening on behalf of their own industries, and warned that Seoul is likely to face similar pressure. He separately argued that SK hynix needs to accelerate capacity expansion at home and abroad, describing today's memory prices as "abnormal" and warning that sustained high prices would invite new competitors and geopolitical retaliation. "Building where we can, as