SK Hynix shares rose 4.79% to $194.44 on Wednesday as a broad rally in artificial intelligence memory-chip makers lifted the stock. Strong AI data-center demand is tightening supplies of dynamic random-access memory (DRAM), driving prices higher and reshaping competition among major producers. TechInsights Chief Strategy Officer Dan Kim said memory-market conditions could worsen through at least the end of 2027, while TechInsights projects DRAM prices will rise more than 200% year over year. Samsung Electronics, SK Hynix and Micron Technology dominate mainstream DRAM, with SK Hynix benefiting from its leadership in high-bandwidth memory. The companies are adding capacity, but new fabrication plants generally take two to six years to build. Analysts maintain a Buy consensus on SK Hynix, with an average price target of $248.