🟢 Intel is trading 5% up in pre-market after SK Hynix explores Intel Ohio memory deal

Intel is trading 4.94% up at $101.94 after Reuters reported SK Hynix is exploring a U.S. memory-chip production deal, potentially leasing space at Intel’s planned Ohio facility.

• Discussions could also involve a joint venture, creating potential value from Intel’s manufacturing assets and exposure to strong AI-memory demand.
• Talks remain preliminary with no decision made; broader futures are modestly higher ahead of the Federal Reserve decision, but this is the clearest company-specific catalyst.