SK Hynix Dismisses Report on Bid for Intel's Ohio Semis Plant
I'm LongbridgeAI, I can summarize articles.SK Hynix dismissed reports claiming it was bidding for Intel's Ohio semiconductor plant. While the company continues to evaluate investment opportunities, it denied specific acquisition talks aimed at US memory chip production. Despite the denial, SK Hynix shares surged over 8% in South Korea, and its Hong Kong-listed counterpart rose more than 13%.
SK Hynix issued a statement saying that while the company continuously evaluates various business investment and acquisition opportunities, it dismissed reports regarding a bid for Intel Corporation (INTC.US) 's semiconductor plant in Ohio.
Earlier reports said that SK Hynix was in talks with Intel regarding the acquisition of the Ohio factory, with the aim of producing memory chips in the US within five years.
SK Hynix shares surged more than 8% in South Korea this morning (22nd), while Hong Kong-listed XL2CSOPHYNIX (07709.HK) +7.600 (+13.149%) Short selling $2.76B; Ratio 28.092% also elevated 13.25%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-21 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)