Samsung has warned that the global shortage of RAM chips is expected to continue beyond next year and worsen in 2027, with supply constraints likely to remain until at least 2028.

The South Korean technology company, which produces about one-third of the world’s memory chips, disclosed during its second-quarter earnings call that leading artificial intelligence companies are already approaching it with medium- and long-term demand forecasts in an effort to secure future memory chip supplies amid growing competition for AI infrastructure.

Strong demand for memory chips has enabled Samsung to prioritise customers willing to commit to long-term supply agreements, providing the company with greater visibility over future orders.

The multi-year commitments are expected to support capacity expansion by allowing Samsung to invest in new production equipment and increase output with greater confidence, reducing the risk of the boom-and-bust cycles that have historically characterised the memory chip industry.

The AI-driven surge in demand has also lifted memory chip prices in recent months.

While this boosted revenue at Samsung’s semiconductor business to a record high in the second quarter, it weighed on the profitability of its smartphone and television divisions, where rising memory chip costs increased overall component expenses.

Samsung has begun passing part of the rising cost of memory chips on to consumers by increasing prices for its Galaxy smartphones and tablets, a move that has weighed on demand for the devices.

The global memory chip shortage, informally referred to as “RAMaggedon,” has also affected rival Apple, which last month raised prices for its MacBooks, Macs and iPads in response to higher component costs.

Apple has also cautioned that its revenue growth is expected to moderate in the current quarter, forecasting year-on-year growth of between 9 per cent and 11 per cent, compared with the roughly 16 per cent growth recorded in the previous quarter.