4Semana·

Intel & SK Hynix: Reportedly in Talks to Produce Memory Chips in the U.S.

$INTC (-2,98 %)
$SKHY (-1,14 %)


• Intel CEO Lip-Bu Tan warns the memory-chip shortage could worsen further.

• Tan says memory prices have already risen 5x to 7x.

• Talks with SK Hynix would potentially expand U.S.-based memory production capacity.

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A quick question about $SKHY.
Why is the stock price falling when the expansion plans should actually be a good sign?
Is it production costs, or am I missing something... Or do I just not understand the connection?
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