SK Hynix is in talks with Intel about producing memory chips in the United States for the first time, a potential partnership that could bring new activity to Intel's delayed Ohio manufacturing complex as demand for AI memory continues to grow.
The companies are discussing several possible arrangements, including SK Hynix leasing part of Intel's Ohio site or forming a venture with Intel and major cloud companies seeking to secure memory supplies, Reuters reported, citing people familiar with the discussions. The talks remain exploratory and no decision has been made.