Bloomberg Businessweek Notify me• Jul 11, 2026• 38:27Interview

SK Chairman Has 'Much, Much Bigger' US Investment Plan | Bloomberg Businessweek

From Bloomberg Businessweek Daily

Carol Massar(Bloomberg Businessweek anchor and financial…)•Isabelle Lee(Cross-Asset Reporter, Bloomberg News)•Tim Stenovec(Host and financial reporter for Bloomberg…)•Bloomberg Businessweek Announcer(Presenter)•Chey Tae-won(Chairman, SK Group)•Ed Ludlow(Host of Bloomberg Tech)•Chris Stansbury(Guest)•Stuart Paul(Economist at Bloomberg Economics)•Nina Trentmann(Guest)•Richard O'Brien(Guest)

Executive Summary

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Keep pulling the thread on Chey Tae-won.

11 quotes

The severity and duration of the memory chip shortage could constrain AI development and increase costs across the tech sector.
Lumen's ability to successfully integrate Alkira and outpace the decline of its legacy voice business remains a key execution risk.
Potential for increased market volatility and uncertainty stemming from the Federal Reserve's comprehensive policy review.

Sustained, long-term growth for companies providing foundational AI hardware, particularly in the high-bandwidth memory (HBM) market.
Legacy infrastructure providers can unlock significant value by acquiring technology to serve the complex networking needs of AI workloads.
The Federal Reserve's review could lead to more effective, data-driven monetary policy and clearer communication.
Capturing significant market share in the rapidly expanding non-alcoholic beverage category as consumer tastes evolve.

SK Hynix raised $26.5 billion in its American Depository Receipt offering.

The SK Hynix IPO was the largest ever US first-time share sale by a foreign company.

The CEO of SK Hynix predicts the memory chip shortage will last "way beyond 2030."

SK Group has already invested more than $35 billion in the United States.

SK Group plans to make future investments in the United States that are "much, much, much bigger" than its previous $35 billion.

Chey Tae-won believes memory chip supply capacity will not catch up with demand until society reaches a settlement with AGI.

SK Hynix holds a 57% market share in the high-bandwidth memory (HBM) market.

Lumen Technologies recently completed its acquisition of Alkira, an on-demand networking platform.

Lumen Technologies is de-emphasizing its legacy voice products to focus entirely on the digitization of networking.

Lumen Technologies' EBITDA is expected to inflect and begin growing this year.

Kevin Warsh has established five task forces to examine the Federal Reserve's approach to policymaking.

Micron has stated it expects memory chip supply to catch up with demand in 2028.

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