SK Hynix Refutes Concerns of AI Investment Slowdown: Steady Growth Expected Beyond Next Year

On July 29, SK Hynix (SKHY.O) stated during its second-quarter earnings conference call: 'We have noted concerns that AI infrastructure investment may slow down, as some large tech companies are reassessing data center leasing businesses and the rise of efficient AI models. We believe these moves are not a process of cutting AI investments, but rather a process of improving utilization and accelerating the monetization of large-scale AI infrastructure.' SK Hynix said that the proliferation of efficient AI models is unlikely to lead to a decline in demand for infrastructure and memory. As models and systems become more efficient, more users can access various services on the same infrastructure, thereby expanding the accessibility and coverage of AI services. Given the explosive user demand even for recently launched efficient AI models, the improvement in efficiency is promoting the popularity of services and increasing overall usage rates. SK Hynix stated that during mid-to-long-term demand discussions with major clients, the company has also confirmed the sustainability of AI investments. It believes that AI infrastructure investment will remain steady beyond next year. (Jin Shi)