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Intel Rises 4%, SK Hynix Climbs 3% on Reports of Talks to Make Memory Chips at Ohio Campus; Micron Holds Flat

Source: 247wallst.com

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Intel Rises 4%, SK Hynix Climbs 3% on Reports of Talks to Make Memory Chips at Ohio Campus; Micron Holds Flat

Intel shares traded higher early Wednesday following a Reuters report that the chipmaker is in discussions with a Korean memory partner to manufacture memory chips at its Ohio campus. The potential partnership could support utilization and expand manufacturing activity at Intel's Ohio facilities, although no financial terms, production volumes, or agreement timeline were disclosed.

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