SK Hynix, the South Korean semiconductor manufacturer, has initiated preliminary discussions with Intel regarding the potential production of memory chips in the United States, as reported by Reuters, citing three sources. Possible options include leasing part of Intel's under-construction facility in Ohio or forming a joint venture involving the American company and major cloud service providers. No final decisions have been made yet, and the project may require approval from South Korean authorities. Hynix specializes in producing DRAM and NAND chips and is a leading supplier of high-bandwidth memory (HBM) used in AI processors.