💾 Intel and SK Hynix Are Cooking Something
Published by OOPSONLINE.IN · Source: scanx.trade · 1 min read · · Updated
👀 OOPS SAYS
Intel looking to lease out its Ohio space is the corporate equivalent of getting a roommate to help cover the mortgage. Honestly, who hasn't been there?
What actually happened
SK Hynix and Intel are exploring a deal for US memory chip production. Potential structures include leasing Intel's Ohio facility or forming a joint venture. Intel shares rose 5.03% while SK Hynix gained 3.49% in premarket trading. Deal faces regulatory review under South Korea's Industrial Technology Protection Act.
Key points
- SK Hynix and Intel are exploring a deal for US memory chip production.
- Potential structures include leasing Intel's Ohio facility or forming a joint venture.
- Intel shares rose 5.
- 03% while SK Hynix gained 3.
Summary based on data provided by scanx.trade. Full article available at the original publisher.
- #technology
- #hynix
- #intel