SK Hynix in talks with Intel about deal to make memory chips in US for the first time, sources say

SK Hynix is in talks with Intel about a deal that would see the South Korean company manufacture memory chips on U.S. soil for the first time, three people familiar with the discussions said. 

Why it matters

A deal would relieve pressure on Intel, which has been struggling, and mark a big win for the Trump administration, which has been ramping up pressure on chipmakers to build in the United States as relentless investment in AI and data centres fuels an acute shortage of memory chips. But potential opposition from Seoul could be a major hurdle, the sources said.