Intel in Talks with SK Hynix Over Potential U.S.-Based Memory Chip Manufacturing Deal
Intel is reportedly in discussions with South Korean memory chipmaker SK Hynix to allow the latter to manufacture chips on U.S. soil, potentially at Intel's Ohio facility. The deal could involve either a lease of part of Intel’s $28 billion manufacturing site or a broader partnership involving other cloud companies seeking memory supplies. This development comes as Intel seeks to bolster its foundry business and utilize underused capacity in its large Ohio campus. However, the potential agreement faces regulatory hurdles from South Korea's government, which may oppose moving sensitive technologies like HBM and DRAM production overseas due to national security concerns. SK Hynix has stated it is still evaluating options but emphasized no decisions have been finalized yet.
Topics: Intel manufacturing deal memory chips SK Hynix U.S. chip production