SK Hynix in Talks with Intel About Deal to Make Memory Chips in the US for the First Time, Sources Say
Talks could let SK Hynix make memory chips in the United States for the first time and ease pressure on struggling Intel, sources said.
- SK Hynix is in talks with Intel to manufacture memory chips on U.S. soil for the first time, Reuters reported Wednesday, exploring scenarios including leasing Intel's Ohio facility or forming a venture with major cloud firms.
- Commerce Secretary Howard Lutnick threatened up to 100% tariffs on South Korean and Taiwanese companies unless they commit to increased production on American soil, intensifying Trump administration pressure on chipmakers.
- SK Group Chairman Chey Tae-won stated in July that the company faces "enormous pressure" to supply more chips, saying, "I think we need to build a factory in the United States. If possible, I believe we should build it."
- Seoul's trade ministry warned any deal involving "national core technology" faces review under the Industrial Technology Protection Act, as officials seek to use potential U.S. investment as leverage in ongoing trade talks.
- Intel's Ohio plant completion is delayed to 2030 and 2031, while both nations wrangle over a $350 billion investment commitment made last year, with $200 billion still undecided regarding shipbuilding or other potential expansions.
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SK Hynix mulling making chips in US
South Korea’s SK Hynix Inc is in talks with Intel Corp about a deal that would see it manufacture memory chips on US soil for the first time, three people familiar with the discussions said. Under one potential scenario, SK Hynix would lease part of Intel’s long-planned chipmaking facility in Ohio,
Apple Memory Supplier Explores U.S. Manufacturing With Intel
Apple memory supplier SK Hynix is in exploratory talks with Intel about manufacturing memory chips in the United States for the first time, according to Reuters. One option would see the South Korean chipmaker lease part of Intel's planned manufacturing complex in Ohio. Another would involve a joint venture with Intel and major cloud providers seeking to secure memory supplies, people familiar with the discussions said. No decisions have been ma…
Intel And SK Hynix Explore Partnership To Expand US Chipmaking
Intel and SK Hynix are exploring a potential partnership to manufacture memory chips in the United States, Reuters reported Wednesday, sending shares of both companies higher in premarket trading. One proposal would have SK Hynix lease part of Intel’s Ohio semiconductor facility. Another option could involve a joint venture with Intel and major cloud companies, according to Reuters. The discussions remain preliminary and no agreement has been re…
SK Hynix and Intel in talks to produce memory chips in the US • The move could strengthen chip manufacturing operations for other companies of the chip giant
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