Looks like SK hynix wants to make memory chips on US soil and it could work with Intel to do it
SK Hynix, a major South Korean memory chip manufacturer, is reportedly in discussions with Intel to establish semiconductor manufacturing operations in the United States. According to Reuters sources familiar with the matter, the arrangement could involve either leasing capacity at Intel’s planned Ohio fabrication facility or forming a joint venture that could include cloud computing firms as partners.
This move aligns with the Trump administration’s broader policy objective to reduce US dependence on foreign chip manufacturing and strengthen domestic semiconductor production capacity. Foreign chipmakers like Samsung and TSMC have already established or expanded US manufacturing operations, partly to mitigate tariff risks and comply with government incentives.
A joint venture arrangement between SK Hynix and Intel represents the more strategically significant development, according to industry analysts, as it could strengthen Intel’s competitive position while providing SK Hynix with direct access to US manufacturing capabilities and the regulatory benefits associated with domestic production. The discussions underscore growing international competition for advanced semiconductor manufacturing capacity and the increasing geopolitical importance of semiconductor supply chains.