SK Hynix Sees the Memory Shortage Lasting Through 2030. 2 Memory Stocks to Buy and Hold Until Then.

SK Hynix forecasts a memory chip shortage extending through 2030, backed by record Q3 results and long-term customer contracts covering over 50% of production capacity. Both SK Hynix and Micron Technology trade at under 6x expected 2027 earnings despite strong fundamentals, with Micron's contracts extending into 2031. However, the author cautions that memory stocks historically decline sharply when shortages end, as evidenced by the 2018 cycle.