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Update: SK Hynix Responds to Report About Possible Chip Deal With Intel

Update: SK Hynix Responds to Report About Possible Chip Deal With Intel

MT newswireMT newswire2026/09/16 14:20
10:20 AM EDT, 09/16/2026 (MT Newswires) -- (Adds Intel response in last paragraph.) SK hynix (SKHY) said Wednesday that although it is exploring options to "strengthen its global competitiveness," no deals have been finalized about a potential partnership with Intel (INTC) to produce memory chips in the US. The company responded to a media report that SK Hynix and Intel are discussing a US memory chip partnership that could potentially involve a joint venture or leasing space at Intel's Ohio plant. "No specific plans or arrangements have been finalized at this time," the company said in a statement. "No decisions have been made regarding the two scenarios mentioned in the article." "As a matter of policy, we will not comment on speculation in the media about future business arrangements," an Intel spokesperson told MT Newswires in an emailed statement. "However, Intel is committed to Ohio, and we continue with our investments to accelerate the site readiness." Price: 179.33, Change: +4.50, Percent Change: +2.57
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