SK Hynix in Talks to Manufacture Memory Chips for Intel at Ohio Facility
South Korean semiconductor manufacturer SK Hynix is reportedly negotiating a potential partnership with Intel to manufacture memory chips on U.S. soil, marking the first time SK Hynix would produce such components domestically. According to sources familiar with the discussions, one option involves leasing space within Intel's planned Ohio chipmaking facility or forming a joint venture involving major cloud companies seeking secure supply chains. Intel’s Ohio project has faced delays and financial challenges, originally scheduled for 2025 but now pushed back to 2030. A partnership with SK Hynix could help fill the underutilized capacity at the site while easing some of Intel's financial pressures. However, no agreements have been finalized yet, as both companies remain cautious in their public statements. The deal also carries geopolitical implications due to U.S.-South Korea technology regulations and potential reviews under South Korea’s Industrial Technology Protection Act for advanced memory production like HBM or DRAM.
Topics: corporate partnership memory chips semiconductors U.S. manufacturing