As China's Memory Industry Grows, SK Hynix Dismisses Glut Fears: 'We Do Not Believe' Oversupply Is Near
SK Hynix Inc. (NASDAQ: SKHY ) on Wednesday pushed back against concerns that aggressive investment in AI memory production could lead to a supply glut, saying it does not expect its expansion plans to create oversupply in the near future. “We do not believe our medium- to long-term investment plans will lead to oversup