Memory tells two stories at once as buyers double demand and investors flee

Claim

SK's chairman warned customers want up to 100% more AI memory in 2027 and called prices abnormal, even as investors dumped memory stocks fearing a $1.5 trillion capacity binge ends in a 2028 glut — shortage and glut being the same exponential viewed from different quarters.

Reported metric: +100% demand / $1.5T capacity

Reporting date: 2026-07-20 (not necessarily the event date)

Sources

Attribution and reporting linked by this record; links do not imply independent verification.

• Welcome to July 20, 2026 (theinnermostloop.substack.com)