SK Hynix expects the market for AI memory to grow 30% per year through 2030, according to an exclusive Reuters report on the company's outlook.

The projection makes the South Korean chipmaker one of the most explicit voices in the industry about the durability of AI-driven demand for high-end memory. A 30% annual growth rate, compounded over the period to 2030, implies the AI memory market would expand to roughly four times its current size by the end of the decade.

What does the forecast cover?

The outlook concerns memory products tied to artificial intelligence workloads. SK Hynix ranks among the world's largest suppliers of DRAM and NAND flash, and it has built a leading position in high-bandwidth memory (HBM), the category used alongside AI accelerators in data centers.

The company's expectation of 30% annual growth to 2030 signals that it views AI memory demand not as a short-lived spike but as a multi-year structural shift in the semiconductor market.

Who is behind the number?

SK Hynix supplied the forecast directly to Reuters, which published the figure in an exclusive report. The projection represents the company's own planning assumption for the market rather than an estimate from an outside research firm.

That distinction matters. When a top-three global memory maker commits to a specific growth rate in its public-facing outlook, suppliers, customers and investors treat it as a signal of expected capacity and investment decisions to come.

Why does a 30% rate matter for the market?

Memory markets have historically moved in sharp cycles, with periods of oversupply pushing prices down and underinvestment followed by shortages. A sustained 30% annual growth expectation for the AI segment points to a different pattern: continuous demand expansion that could support long-term capital spending.

For SK Hynix's competitors, chiefly Samsung Electronics and Micron Technology, the forecast sets a benchmark. Each has its own HBM roadmap, and SK Hynix's stated confidence in three-decade-high growth through 2030 raises pressure to match that pace in capacity and product development.

For buyers — the cloud providers and server makers building AI infrastructure — a supplier projecting 30% annual market growth suggests supply planning must extend years ahead, not quarters.

What SK Hynix's outlook means

One number carries the story: 30% a year, sustained to 2030.