SK Hynix reported in a Goldman Sachs meeting that memory prices will rise through 2024 due to robust AI demand and limited supply growth. The company indicated that customers cannot meet their full memory requirements this year, while SK Hynix maintains lean DRAM and NAND inventories of approximately four weeks. Additionally, the company noted that production ramp-ups are constrained in the near term, giving suppliers significant leverage as customer inventories for servers reach healthy levels.