Intel References SK hynix’s Ex-CEO When Discussing Its Memory Plans, Fueling the $28 Billion Ohio Fab JV Rumors

Intel used its earnings call to highlight its memory ambitions and pointed to the hiring of former SK hynix CEO Shou-Chi Lee.

The comments intensified speculation that Intel and SK hynix could be considering a joint venture linked to Intel’s Ohio fab project.

A partnership could help support Intel’s heavy CapEx needs in Ohio while advancing its effort to combine logic and memory technologies.