Intel, SK Hynix Stocks Soar on Rumored U.S. Partnership

Intel shares rose 7.2% to $104.13 after Reuters reported that SK Hynix is in exploratory discussions to manufacture memory chips in the U.S. using a leased Intel Ohio facility. The potential arrangement could support utilization of Intel's domestic manufacturing assets and strengthen U.S. semiconductor supply-chain capacity, although no final agreement has been reached.