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Intel Jumps 8%, SK Hynix Climbs 5% as Ohio Memory Talks Reignite; Micron Rises 6%

Source: 247wallst.com

M&A & RestructuringSemiconductors & TechnologyTrade Policy & Supply Chain
Intel Jumps 8%, SK Hynix Climbs 5% as Ohio Memory Talks Reignite; Micron Rises 6%

Memory-chip stocks rallied after reports that Intel and SK Hynix are in early discussions to jointly produce memory chips in the U.S., potentially expanding domestic semiconductor manufacturing capacity. The Roundhill Memory ETF (DRAM) rose 4% to $57, reflecting positive investor reaction to the prospective partnership.

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