Howard Lutnick

Hynix Denies Intel Ohio Fab Buy

SK Hynix denied pursuing Intel’s Ohio campus, but said it is continuously reviewing investment opportunities and remains open to expanding overseas fabs if conditions are right, including potential U.S. locations to meet AI memory demand. Intel’s delayed Ohio timeline to 2030–2031 keeps the story framed as a strategic risk for investors, with continued emphasis on U.S. capacity expansion and credibility of commercial justifications.