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00:02SK Hynix shares rose more than 3% in Wednesday pre-market trading, as demand strengthened
00:07for technology and semiconductor stocks, according to Benzinga.
00:11Reuters reported the memory chip maker is exploring potential manufacturing partnerships
00:15involving Intel's delayed Ohio Semiconductor project.
00:18Discussions include SK Hynix leasing part of Intel's planned complex or forming a joint
00:23venture with Intel and major cloud providers.
00:25The talks remain exploratory and no decisions have been made.
00:28A deal could give SK Hynix a U.S. manufacturing foothold while helping Intel fill capacity
00:33at the Ohio site, SK Hynix is a leading supplier of high-bandwidth memory used in AI accelerators.
00:38Intel's two Ohio factories are now expected to be completed in 2030 and 2031.
00:43SK Hynix shares were up 3.49% to $180.93, while Intel gained 5.03% to $102.03
00:52in pre-market
00:53trading, according to Benzinga Prodata.
00:55For all things money, visit Benzinga.com.
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