Intel and SK Hynix shares rise on report of U.S. memory chip manufacturing talks

NEW YORK — Shares of Intel and SK Hynix advanced following a CNBC report published on September 16, 2026, indicating that the two semiconductor companies are discussing potential U.S. memory chip manufacturing operations. The discussions arrive as Intel actively works to attract marquee customers for its foundry business.

Strategic Context

For Intel, securing external foundry clients is a central component of its manufacturing strategy. The company has been positioning its fabrication plants to handle production for major external designers and manufacturers. Establishing a manufacturing relationship with SK Hynix would represent a notable development for Intel's foundry division by bringing high-volume memory production into its U.S. facilities.

Financial & Macro Implications

The reported talks reflect ongoing shifts in the global semiconductor manufacturing footprint, as chipmakers evaluate domestic production options within the United States. Market reaction to the September 16 report drove up shares for both companies, signaling investor focus on potential collaboration in advanced chip fabrication and memory supply chains.

Forward Outlook

Industry participants and investors tracking the semiconductor sector will monitor both companies for official confirmations or structural details regarding any eventual manufacturing agreements. The primary operational question is whether these preliminary discussions will translate into formal foundry contracts that expand U.S.-based memory chip production.