SK Hynix denies confirmed plans for US memory chip talks with Intel

SK Hynix wants everyone to know that it is not, in fact, buying Intel’s Ohio chip campus. At least not yet, and not in any way that anyone should consider “confirmed.” The South Korean memory giant issued a pointed denial after reports surfaced suggesting it was in active discussions with Intel about US-based memory chip production. The company stressed it has neither pursued nor made any decisions regarding Intel’s sprawling Ohio semiconductor site, while carefully leaving the door open for future possibilities. What actually happened The saga started when Korea JoongAng Daily reported that SK Hynix was in discussions to purchase Intel’s under-construction Ohio campus for front-end memory chip production. SK Hynix responded with a regulatory clarification in July 2026, flatly denying any acquisition talks. Then Reuters muddied the waters again in September, reporting that exploratory discussions between the two companies were, in fact, taking place. Not about an outright acquisition, but about potential collaborations or leasing arrangements at the Ohio facility. SK Hynix confirmed it is evaluating various production strategies but emphasized that nothing concrete exists. Intel, f...