Intel Shares Rise on Reported Manufacturing Talks With SK Hynix

Key Facts

1Intel shares jumped in premarket trading following reports of talks with SK Hynix regarding memory chip production in the US.

In a move reflecting the ongoing push to strengthen domestic manufacturing capabilities within the semiconductor sector, Intel shares have seen a notable uptick. According to reports, the company is engaged in talks with South Korea's SK Hynix aimed at producing memory chips within the United States. This potential cooperation is viewed as a strategic step to bolster Intel's foundry and manufacturing divisions, drawing significant investor interest during premarket hours.

These developments occur amid heightened focus on tech supply chains, with market data reflecting a positive response to the news. Regarding the performance of the involved entities, Intel (INTC) closed at $97.14 on September 15, 2026, while SK Hynix (SKHY) recorded a close of $174.83 on the same date, per official market data.

Traders are currently watching for the stock to maintain stability above recent closing levels after it reached a daily high of $100.48 during the September 15, 2026 session. With no immediate semiconductor-related catalysts in the upcoming economic calendar, focus remains on any official confirmation regarding the partnership details to sustain the current bullish momentum.