INTC.TO is trading at CA$57.19 (+5.17%), lifted primarily by reports that SK Hynix and Intel are exploring U.S. memory-chip manufacturing arrangements, potentially involving Intelβs Ohio facility.
- Intel gained roughly 5% premarket; SK Hynix later said no plans had been finalized.
- Broader technology sentiment is modestly positive, but elevated Treasury yields and uncertainty ahead of the Federal Reserve decision are limiting the sector-wide lift.
- The move appears predominantly semiconductor-specific rather than purely macro-driven.