SK Hynix receives Wedbush backing as memory undersupply threatens to reshape AI infrastructure

SK Hynix, the South Korean memory chipmaker that controls roughly 58% of the high-bandwidth memory market, has earned a bullish endorsement from Wedbush as a persistent global memory shortage continues to tighten its grip on the AI supply chain. The analyst firm positioned SK Hynix as one of the primary beneficiaries of the AI infrastructure boom, citing favorable supply chain signals, including positive guidance from lithography equipment giant ASML. On July 10, SK Hynix completed a record $26.5 billion Nasdaq IPO, the largest initial public offering in US history by a foreign company. The supply problem nobody can solve fast enough CEO Kwak Noh-jung warned that 2027 would bring “the most severe memory supply shortage the industry has ever faced.” Demand is projected to exceed supply capacity well into 2030, even accounting for planned expansions. UBS analysts have corroborated this timeline, predicting the global DRAM market will remain undersupplied at least through the second quarter of 2028. Wedbush’s thesis leans heavily on ASML’s recent guidance as a leading indicator. ASML makes the extreme ultraviolet lithography machines that are essential for producing advanced memory ch...