Intel's Li Wu: Memory Chip Shortage to Persist Until 2028

[Para 1: The Lead] Intel (INTC-US), under CEO Li Wu, announced that memory chip shortages will persist until 2028, impacting the semiconductor industry's supply chain and pricing dynamics. [Para 2-3: Supporting details & Context] The proliferation of artificial intelligence (AI) and data center expansion has surged memory chip demand, leading to shortages and price hikes. As the largest personal computer processor manufacturer, Intel heavily relies on memory chips for data storage and management. Wu predicts that Nvidia's (NVDA-US) new AI accelerator, Vera Rubin platform, will further escalate memory chip demand, consuming massive amounts of chips. This forecast suggests that Samsung Electronics, SK Hynix, and Micron Technology (MU-US) will maintain a dominant position in the memory chip market. Analysts anticipate that the seller's market dynamics, dominated by Samsung Electronics and SK Hynix, will continue as global semiconductor industry concerns over memory chip supply shortages intensify.