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Intel Stock Rises On Talk Of Fab Deal With SK Hynix

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Intel (INTC) stock rose Wednesday on a news report that South Korea-based SK Hynix (SKHY) is interested in using one of Intel’s U.S. fabs to manufacture memory chips. Hynix is in exploratory talks with Intel about using Intel’s planned facility in Ohio, Reuters reported. Possible scenarios include Hynix leasing part of Intel’s fab or forming a joint venture to provide…

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