Semafor reported that Intel and SK hynix have not been engaged in deal talks involving Intel’s chip plant in Ohio, pushing back on speculation around a potential transaction tied to the site. In a statement, Intel said it does not comment on media speculation regarding future business agreements as a matter of practice. The company added that it remains committed to its development plans in Ohio and will continue investing to speed up preparations for bringing the facility into operation. The report and Intel’s response together indicate that no negotiations are underway between the two companies over the Ohio wafer fab, while Intel maintains that work tied to the project is still moving forward.
BlockBeats reported on July 22 that U.S. financial media outlet Semafor said Intel and SK hynix are not in talks over a transaction involving Intel’s chip plant in Ohio.
Intel said in a statement, “As a matter of practice, we do not comment on media speculation regarding future business agreements. However, Intel remains committed to its growth in Ohio and will continue to advance its investment to accelerate preparations for bringing the site into operation.”
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