SK Hynix reportedly in talks with Intel to build memory chips in US

SK Hynix told TechCrunch the company hasn't finalized any plans or arrangements yet.

SK Hynix reportedly in talks with Intel to build memory chips in US

TL;DR

  • SK Hynix is in discussions with Intel to potentially manufacture RAM chips in the U.S. for the first time.
  • Options being considered include SK Hynix leasing space at Intel's planned Ohio factory or a joint venture.
  • SK Hynix stated that no specific plans or arrangements have been finalized yet.
  • The U.S. government is seeking to expand domestic chip production and has offered incentives for companies investing in U.S. manufacturing.
  • SK Hynix is already building an advanced packaging and research facility for AI chips in Indiana.
  • Intel and SK Hynix previously collaborated when SK Hynix acquired Intel's NAND flash-memory business in 2020.
  • Any deal involving strategically important chip technology could be subject to government review in South Korea.