The companies, both which reported their latest financial results this week, said that the memory chip supply crisis would be unlikely to alleviate for the next two years despite their best efforts. These next generation memory chips will offer higher data transfer speeds (exceeding 1 TBps per stack) and more than double the bandwidth of HBM3E, making them ideal for AI data centres. SK Hynix is currently the global leader in this latest memory design, accounting for roughly 60% of the overall market, according to Macquarie Equity Research. Needless to say, this memory bottleneck is making both SK Hynix and Samsung very rich. SK Hynix reported a net profit of 97.15 trillion won ($67.9 billion), up 46.8% year-on-year, while Samsung saw profits rise to 45.21 trillion won ($31.6 billion, up 31.2% year-on-year.