Etron chairman sees memory boom lasting to 2028-2030

The memory industry is experiencing a period of strong demand, largely attributed to the rise of AI technologies. Etron Technology's chairman, Nicky Lu, has indicated that this boom is not a short-term spike but a structural change that will persist beyond 2027. Shortages are projected to continue through 2028 and possibly stretch into 2030, signaling sustained pressure on supply chains. For businesses relying on memory components, this could mean prolonged higher costs and potential supply constraints. The extended timeline suggests that companies may need to plan for a longer period of tight market conditions, rather than expecting a quick resolution.