Key Points Intel shares rose after Reuters reported that SK Hynix is exploring an Ohio lease or a joint venture, though no deal has been finalized. A deal could give Intel Foundry a future customer and potentially ease financial pressure, but regulatory review remains a risk. Intel's Q2 revenue rose 25% to $16.1 billion, while Data Center and AI revenue climbed 59% to $6.3 billion. 10 stocks we like better than Intel › Intel (NASDAQ: INTC) stock jumped roughly 7.6% on Thursday after news broke yesterday of a possible deal that would see SK Hynix 's memory chips fabricated in Intel's Ohio factories. The S&P 500 and the Nasdaq Composite rose 1.1% and 1.7%, respectively, on Thursday. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.
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