🟢 Intel is trading 4.51% up today after reports SK Hynix explores U.S. memory-chip deal

Intel is trading 4.51% up now at $21.10 after reports that SK Hynix is exploring a deal to manufacture memory chips at Intel’s U.S. facilities.

• The discussions could potentially include Intel’s Ohio site.
• Talks may involve a lease or joint venture with cloud companies, supporting Intel’s manufacturing strategy.
• SK Hynix said no specific plans or arrangements have been finalized.