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Intel shares jump on reported SK Hynix Ohio deal talks

Intel (INTC) shares rose about 5% after a report said SK Hynix is exploring options that could involve using part of Intel’s planned Ohio semiconductor facility, potentially via a leasing arrangement. Talks are described as early-stage.

INTC

Intel (INTC) shares rose about 5% on Wednesday after a report said South Korea's SK Hynix (SKHY) is exploring options that could involve part of Intel's planned Ohio semiconductor facility. The discussions are said to be at an early stage and may include a leasing arrangement under which SK Hynix could use part of the site.