Samsung, SK hynix expand binding memory supply deals amid prolonged shortage

Samsung Electronics and SK hynix detailed their expanding use of multiyear memory supply agreements in back-to-back earnings calls Wednesday and Thursday, as major customers seek firmer access to capacity that is expected to remain tight through 2028. Samsung said Thursday that it plans to cover 60 to 70 percent of its

AI data center demand is fueling a multi-year chip shortage, pushing up component costs and retail device prices.

AI is supercharging demand for memory and other components, making devices more expensive.

Tech giant counts record piles of cash while buyers face years of elevated prices