SK Hynix to Double Capacity as AI Strains Memory Supply

SK Hynix will double its DRAM capacity to meet rising AI-driven memory demand. The company plans to increase production of GDDR6 and DDR5 memory modules by 200 percent. This expansion targets data centers and AI training infrastructure. The move supports increased demand from large language model deployments. SK Hynix announced the plan in a Q2 2024 earnings update. The capacity boost will be phased over the next 18 months.