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SK Hynix weighs US memory-chip options with Intel

Reuters reports the companies are discussing possible Ohio production or a joint venture, but SK Hynix says no plans have been finalised.

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Owen Mercer
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Source: TechCrunch · View original source
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SK Hynix is reportedly discussing possible US memory-chip manufacturing arrangements with Intel, including leasing space at Intel’s planned Ohio factory or forming a joint venture, Reuters reported, citing anonymous sources.

The South Korean chipmaker told TechCrunch that it was exploring options to strengthen its global competitiveness, but that no specific plans or arrangements had been finalised. It said no decisions had been made on the two scenarios described in the report.

The type of memory chips that could be produced in Ohio remains unclear, as does any investment, production timetable or technology arrangement. The discussions may not result in an agreement.

The proposal would be separate from SK Hynix’s confirmed US$3.8 billion advanced packaging and research facility in West Lafayette, Indiana. Mass production at that site is expected from 2029, using South Korean-made DRAM wafers to produce high-bandwidth memory chips for AI data centres.

The possible talks come as the US administration seeks to expand domestic semiconductor production and has discussed tariffs and incentives for companies investing in the country. Any transfer of strategically sensitive chip technology overseas could also face review by the South Korean government. Intel sold its NAND flash-memory business to SK Hynix for US$9 billion in 2020.

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