A surge in artificial intelligence demand is driving a shortage of high-performance memory chips, crucial for training large language models. SK Hynix and Micron, top memory chip suppliers, have already sold out of high-bandwidth memory chips for 2024 and nearly sold out for 2025. Analysts expect the general memory supply to remain tight throughout 2024. The demand for AI chipsets has boosted firms like Samsung Electronics and SK Hynix, with Samsung seeing a sharp profit rebound in the first quarter of 2024.