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Intel and SK Hynix discuss possible US memory chip partnership

Intel and SK Hynix are in early talks about manufacturing SK Hynix memory chips—used in AI and data centers—at Intel’s new Ohio plant, according to Reuters. Options on the table include SK Hynix leasing part of Intel’s facility, and perhaps forming a joint venture with major cloud companies. Nothing is final, and the Korean government may push back because the chip tech is sensitive. Both stocks climbed on the news.

Why it mattersSK Hynix supplies crucial memory for AI hardware, and manufacturing more of it in the US could lessen reliance on Asia. For Intel, landing a big memory customer would boost its fledgling chip factory business.

Sources covering this

CNBCIntel, SK Hynix shares jump on report they're discussing U.S. memory chip manufacturing9:12 AMTom's HardwareSK hynix reportedly discussing US memory chip manufacturing with Intel — options include leasing Ohio plant or forming joint venture with other AI hyperscalers11:20 AMTechCrunchHeadline onlySK Hynix reportedly in talks with Intel to build memory chips in US1:23 PM

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