# Intel and SK Hynix Discuss Ohio Memory Chips

> Intel and SK Hynix in talks to make memory chips at Ohio campus, boosting stocks but Micron faces competition
- Title: Intel and SK Hynix Discuss Ohio Memory Chips · Yahoo Finance
- Summary: Intel and SK Hynix in talks to make memory chips at Ohio campus, boosting stocks but Micron faces competition Intel's Ohio campus could attract SK Hynix as a…
- Keywords: intel, sk hynix, micron, chips act, ohio campus, memory chips, semiconductor, nasdaq, business, finance, Hynix, Discuss
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/intel-rises-4-sk-hynix-123933795.html
- Published: 2026-09-16T12:39:33+00:00
- Read time: 1 min
- Topics: intel, sk hynix, micron, chips act, ohio campus, memory chips, semiconductor, nasdaq, business, finance
## Intel Stock Rises
Intel shares jumped 4% to $100.55 after Reuters reported talks with SK Hynix to produce memory chips at its Ohio campus.
## SK Hynix Stock Climbs
SK Hynix shares increased 3.3% to $180.52 as it explores U.S. production for memory chips with Intel.
## Micron Faces Challenge
Micron's shares barely moved as it risks losing its home-market edge under the CHIPS Act if SK Hynix secures U.S. production.
## Ohio Campus Details
Intel pledged $100 billion for the Ohio campus, with memory plants not expected to start until 2030 or 2031.
## Joint Venture Possibility
Reuters reported two potential structures: SK Hynix taking over part of Intel's campus or a joint venture with cloud companies.
## CHIPS Act Impact
SK Hynix's U.S. production could directly compete with Micron in national-security procurement under the CHIPS Act.
## Market Reaction
Semiconductor ETF SOXX gained 2%, while Micron's shares remain flat despite potential competition from SK Hynix.
## Key takeaway

Intel's Ohio campus could attract SK Hynix as a tenant, potentially reducing Micron's home-market advantage under CHIPS Act