What's Going On With SK hynix Stock Wednesday?
SK hynix reportedly in early talks with Intel for U.S. memory production in Ohio. Premarket stock prices jump.
Stocks · News reference
SK hynix (SKHY) shares sank nearly 8% premarket as growing AI safety concerns and proposed speed limits sparked AI chip selloff fears.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
SK hynix reportedly in early talks with Intel for U.S. memory production in Ohio. Premarket stock prices jump.
With September historically being the worst month for stocks and midterm election years amplifying market pullbacks, the article recommends two memory stocks—Micron Technology and Sandisk—as potential buying opportunities on a dip. Both companies are benefiting from AI infrastructure demand for memory chips and are trading at low valuations despite strong growth prospects.
SK Hynix and Intel are exploring U.S. memory chip production as demand for DRAM and high-bandwidth memory surges. Here are the ETFs to watch.
SK Hynix is expanding its U.S. AI memory footprint, following Samsung’s manufacturing precedent as HBM demand accelerates.
Netlist (NLST) reported exceptional Q2 2026 results with revenue surging 163% to $109.8M and gross profit jumping 1,544% to $22.9M, driven by strong DRAM resale demand and constrained supply. The company's Lightning product line gained market traction, and management expects Q3 product revenue to remain near Q2 levels. Competitors SanDisk and Micron are also benefiting from AI-driven demand for memory and storage products.
Intel stock surged 4.03% to $101.05 on reports of potential manufacturing talks with SK Hynix to produce memory chips domestically in the U.S. for the first time. Multiple analyst target raises, including Melius Research's $165 price target and potential $200 upside in two years, also drove the gain. The deal could strengthen Intel's foundry business and attract high-profile customers amid growing AI demand.