SK hynix is in talks with Intel over a potential agreement to manufacture memory chips in the US for the first time, Reuters reported Wednesday, citing multiple sources familiar with the discussions.
One option would involve SK hynix leasing part of Intel’s long-delayed semiconductor complex in Ohio. Another could see the Korean chipmaker form a venture with Intel and major cloud companies seeking stable memory supplies, according to the report.
The discussions remain exploratory, with no decisions made on the structure of a potential deal or the types of memory chips that would be produced.
SK hynix said it was reviewing various options, including additional production bases, to strengthen its memory business but that nothing had been decided. Intel declined to comment on the talks, while saying it remained committed to preparing its Ohio site.
A deal would give SK hynix its first US-based chip fabrication capacity. The company is already building a $4 billion advanced packaging facility for AI chips in Indiana, but does not currently manufacture memory wafers in the country.
herim@heraldcorp.com
