Intel CEO Lip-Bu Tan suggested the company might return to memory chips during a TechSurge podcast, describing new memory architectures as a strategic opportunity in the AI era. Intel recently hired Seok-Hee Lee, former CEO of SK Hynix, as executive vice president of its foundry division, signaling serious intent. Memory supply is projected to be sold out for at least two years, stretching into 2027 or 2028, due to explosive AI data center demand. Intel exited DRAM production in 1985 under CEO Andy Grove and later discontinued its Optane memory technology while selling its NAND flash business to SK Hynix.
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