Intel is trading 7.68% up at ARS 34780.00 after reports that SK Hynix is exploring options to manufacture memory chips at Intel’s U.S. facilities, potentially leasing space at Intel’s planned Ohio plant.

  • Reuters reported the discussions are exploratory, with no agreement finalized.
  • SK Hynix confirmed no specific plans have been completed; semiconductor-sector strength and renewed AI optimism are also supporting the stock.