financetom
Technology
financetom
/
Technology
/
AI's demand for data could cause tight storage chip supplies, Solidigm executive says 
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AI's demand for data could cause tight storage chip supplies, Solidigm executive says 
Mar 20, 2026 11:49 AM

SAN JOSE, California, March 20 (Reuters) - The same

booming AI demand that has caused the chairman of South Korea's

SK Group to predict shortages of high-bandwidth memory chips

could also cause tight supplies for storage drives, an executive

from the South Korean firm's U.S.-based AI subsidiary Solidigm

told Reuters this week.

Memory chips that sit right next to computing chips are critical

to the servers sold by Nvidia ( NVDA ) and others, and earlier

this week at Nvidia's ( NVDA ) annual developer conference, SK Group

Chairman Chey Tae-won told reporters that shortages of

high-bandwidth memory could last until 2030 because of demand

for AI systems.

But new AI-powered software tools can now make sense of huge

datasets that humans could rarely wring business value from, and

Nvidia ( NVDA ) introduced several new technologies this week aimed at

helping move data more quickly from storage drives to its chips.

"The storage system is going to get pounded," Nvidia ( NVDA ) CEO Jensen

Huang said on Monday during a keynote address at the company's

developer conference.

That is translating into increased demand for solid state

drives, said Greg Matson, senior vice president at Solidigm, the

unit of SK Hynix that sells storage drives to

businesses. Speaking on the sidelines of Nvidia's ( NVDA ) conference

this week, Matson said AI systems coming later this year could

require 35% more storage than previous systems.

"It's going to be tight," Matson said of supplies of storage

memory between now and 2030.

"We'll be coming out with higher-density drives from a silicon

perspective later this year, and even expanding our

manufacturing output as well," Matson said. "But can we keep up?

No, we can't. I could sell twice as much as I am today."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Forecast update for Gold -13-05-2025
Forecast update for Gold -13-05-2025
May 25, 2025
The price of (Gold) settled on a rise in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, retesting the resistance level at $3,260, amid the dominance of the bearish correctional trend on the short-term basis, with the continuation of the negative pressure due to its trading below its EMA50....
Forecast update for Gold -15-05-2025
Forecast update for Gold -15-05-2025
May 25, 2025
The price of (Gold) rose in its recent intraday trading, after surpassing our morning expected target at $3,150 support, bouncing to the upside suddenly, attempting to offload some of its oversold conditions on the (RSI), with the emergence of the positive signals from there, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside...
Forecast update for Gold -19-05-2025
Forecast update for Gold -19-05-2025
May 25, 2025
The price of (Gold) settled on a rise in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), to breach a minor bearish bias line on the short-term basis, and the EMA50 represents an obstacle and forms a negative pressure when moving below it. Do you need help in trading decisions? Do you want...
Forecast update for Gold -16-05-2025
Forecast update for Gold -16-05-2025
May 25, 2025
The price of (Gold) declined in its recent intraday trading, trading alongside bearish correctional trend line on the short-term basis, with the emergence of the negative signals on the (RSI), after reaching overbought levels, to settle below the main support at $3,200, reinforcing the continuation of the bearish scenario. Do you need help in trading decisions? Do you want to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved