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

Shares of Intel and SK Hynix advanced following Reuters reporting that the two companies are engaged in discussions about manufacturing memory chips at Intel’s $100 billion Ohio facility. Intel stock increased 4% to $100.55, while SK Hynix shares rose 3.3% to $180.52 in early trading.
According to the Reuters report, the talks involve two potential structures for the arrangement. One scenario would involve SK Hynix assuming operations of a portion of Intel’s Ohio campus, while the o