SK Hynix is evaluating Ohio for memory chip production while navigating competition with Intel and pursuing a Nasdaq listing.
1 report, 1 independent
Updated Jul 21
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What happened
SK Hynix is evaluating Ohio for memory chip production while navigating competition with Intel and pursuing a Nasdaq listing.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Intel has memory manufacturing facilities in Ohio, while the company sold its NAND manufacturing operations in Dalian. Meanwhile, SK hynix is showing interest in Intel's facilities.Sub-event
SK Hynix is evaluating Ohio for a new memory chip campus and denies pursuing Intel's site.1 source
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The entities involved
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SK Hynix
South Korean memory semiconductor supplier
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Intel
American multinational technology company
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Ohio
state of the United States of America
Related events
- SK Hynix announced plans for new fabrication plants in Yongin and Cheongju, while supplying high-bandwidth memory chips to Nvidia.
- Talks were reported regarding U.S. memory chip manufacturing, involving SK Hynix, CoreWeave, and Morgan Stanley.
- Intel and Marvell are leveraging their respective strengths in the competitive AI chip market, with Intel focusing on its Ohio foundry deals.
- SK Hynix, Micron Technology, and Nvidia are involved in the memory chip market, discussing rivalry, collaboration on advanced AI chips, and seeking an ADR listing to raise $29 billion.
- Intel maintains a major manufacturing campus in New Albany and operates its Ohio One site in Ohio. The company is undergoing a leadership transition with Lip-Bu Tan succeeding Pat Gelsinger.