SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources say

South Korea's SK Hynix is reportedly in discussions with Intel to manufacture memory chips in the United States for the first time, according to sources. This would mark a significant first for the company, which currently produces memory chips abroad. The talks could involve leasing part of Intel's planned chipmaking facility in Ohio, or forming a joint venture with Intel and cloud firms keen to secure memory chip supplies.

Intel, which has been facing financial difficulties, stands to benefit from a potential deal as it seeks to bolster its chip production capabilities. However, the decision faces potential opposition from South Korea, as the technology is considered sensitive and any agreement may trigger government scrutiny. SK Hynix has stated that it is reviewing various measures to strengthen its memory business, but has not determined any specific actions at this stage.