SK hynix said on the 16th that "nothing has been decided at this time" in response to a foreign media report that it is discussing a plan with Intel to produce memory chips in the United States.

Reuters reported on the 16th (local time), citing multiple sources, that SK hynix and Intel are negotiating over U.S. production of memory chips. According to the report, SK hynix is considering as a leading option making memory chips by leasing part of the site of a semiconductor plant Intel has pursued for years in Ohio. Reuters added that an option to set up a joint venture involving Intel and large cloud companies that are memory customers is also on the table.

SK hynix said in a position statement that nothing has been decided on partnering with a specific company or producing locally in the United States. It also drew a line on two scenarios — leasing part of Intel’s Ohio facility and establishing a joint venture — saying "nothing has been decided." SK hynix said it is reviewing various options to strengthen global competitiveness.

In a statement delivered to Reuters, the company said it is reviewing various options, including building additional production bases, to strengthen the competitiveness of its memory business. It said no specific matter has been decided at this stage. Intel was reported to have called the report "speculation" and did not comment.

SK hynix listed on Nasdaq after issuing American depositary receipts in July. It is currently building a next-generation HBM advanced packaging plant (fab) in West Lafayette, Indiana, at a cost of about $4 billion, with a target of mass production in the second half of 2029. The Indiana fab is a facility that brings in DRAM made in places such as South Korea and assembles it into HBM, and does not produce memory chips at the wafer stage.

Earlier, U.S. Commerce Secretary Howard Lutnick said on the 2nd that the administration is reviewing tariffs on semiconductor products. "Basically, if you produce it here (in the United States), you do not pay tariffs," he said, adding that "if you do not produce here, be prepared to pay the price (tariffs) to enter the greatest market in the world."