Samsung says memory chip shortage may continue even after 2027, here is what we know

Samsung Electronics has recently warned that the ongoing global memory chip shortage is likely to continue through 2027. According to reports, the South Korean tech giant has signed long-term supply agreements with leading global customers to secure future business. Samsung sees strong demand aheadSamsung expects demand for memory chips to remain high because companies continue to expand AI services. However, despite the strong demand, the bigger picture is less encouraging. High memory chip costs and the need for AI have been crucial in bringing about this situation.