Memory chips made by Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) will make up more than half of the global semiconductor market in 2026, Yonhap News Agency said Sunday, citing a report from Export-Import Bank of Korea's research center.

The research firm expects the market to grow to more than $1.6 trillion this year, 1.5x higher than an earlier forecast, due to a rapid increase in hyperscalers' investment in AI infrastructure.

Steady demand will drive the market to about $2 trillion by 2030, the report said.

Major tech companies are pushing for long-term supply deals with the South Korea-based memory chip producers, which should drive stability in the semiconductor market, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)