SK hynix Says Its Reported US Memory Manufacturing Plan Is Unconfirmed

SK hynix has issued a statement addressing reports that it was discussing a US memory manufacturing arrangement with Intel. The company said that no plan has been confirmed. The response is important because the earlier reports had raised the prospect of SK hynix establishing a first US memory production base while buyers and policymakers seek more local semiconductor capacity. Without a confirmed agreement, there is no basis to include such a facility in near-term DRAM or HBM supply expectations. Any potential effect on the memory market will depend on a formal announcement, investment scope and production schedule.