SK Hynix Talks With Intel on US Memory Production
SK Hynix is discussing a potential deal with Intel to manufacture memory chips in Ohio. The exploratory talks face hurdles from potential South Korean opposition over sensitive technologies.
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SK HYNIX INC is in talks with INTEL CORP to manufacture memory chips on United States soil for the first time, people familiar with the discussions said during the overnight session. The discussions include leasing part of Intel's Ohio chipmaking facility or forming a joint venture with cloud firms. A deal would provide relief for Intel while advancing U.S. manufacturing goals amid an acute global shortage of memory chips.
