SK hynix (NASDAQ: SKHY) is in early talks with Intel (NYSE: INTC) about manufacturing memory chips in the United States for the first time. The options on the table include leasing part of Intel's long-delayed Ohio "Ohio One" complex or forming a joint venture that would also pull in major cloud providers hungry for memory supply.
Shares of both companies jumped on the news, particularly INTC, which was up 9% on Sept. 17, the day after the news was reported.
