INTC ▲ +4.8% - Intel Corporation
$INTC SKHY SK Hynix: Reportedly in Talks to Produce Memory Chips in the U.S. ? • Intel CEO Lip-Bu Tan warns the memory-chip shortage could worsen further. • Tan says memory prices have already risen 5x to 7x. • Talks with SK Hynix would potentially expand U.S.-based memory production capacity.
Intel rose 4.8% after CEO Lip-Bu Tan warned that memory-chip shortages could worsen and noted that prices have already climbed five to seven times over. The gain was likely supported by reports that SK Hynix is in talks to produce memory chips in the U.S., signaling potential expansion of domestic production capacity to address the supply crunch.
16-SEP-2026 05:29 AM ET
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