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Thursday's trading session was a good one for Intel shareholders. The chipmaker's stock closed up about 8%, a day after a Reuters report that the company held exploratory talks about a deal with SK Hynix to produce memory chips in the U.S.
The deal could see SK Hynix lease part of Intel's new Ohio mega-campus, though neither company has confirmed. Another scenario, per Reuters, could be a joint venture between the two firms and cloud computing companies who need the firehose of memory.
Nasdaq-listed SK Hynix shares closed up nearly 5%.
One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.
#Stock #NVIDIA #reuters #here
Thursday's trading session was a good one for Intel shareholders. The chipmaker's stock closed up about 8%, a day after a Reuters report that the company held exploratory talks about a deal with SK Hynix to produce memory chips in the U.S.
The deal could see SK Hynix lease part of Intel's new Ohio mega-campus, though neither company has confirmed. Another scenario, per Reuters, could be a joint venture between the two firms and cloud computing companies who need the firehose of memory.
Nasdaq-listed SK Hynix shares closed up nearly 5%.
One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.
#Stock #NVIDIA #reuters #here
19 hours ago
