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2026-09-16 13:36:08
[SK Hynix in talks to produce memory chips in the US for the first time: possibly leasing Intel’s Ohio plant or forming a joint venture] (1) Sources say that South Korea’s SK Hynix is in talks with Intel (INTC.O) about a deal to produce memory chips in the United States for the first time. (2) One possible option: SK Hynix would lease part of Intel’s long-planned chip manufacturing facility in Ohio. (3) Another possible option: forming a joint venture with Intel and major cloud service companies eager to secure memory chip supplies. (4) The deal would relieve pressure on Intel and be a major victory for the Trump administration. But sources say potential opposition from South Korea could be a major obstacle, as the technologies are considered sensitive; one source said the negotiations are still exploratory and no decision has been made. (5) It is unclear what kind of chips SK Hynix might produce in Ohio if an agreement is reached. Its product line includes DRAM for servers, PCs and smartphones, as well as NAND flash memory for long-term storage, and it is also a leading supplier of high-bandwidth memory (HBM) for AI processors.
