SK Hynix reportedly eyes Intel Ohio plant for US memory production

SK Hynix’s move to establish a memory chip manufacturing base in the U.S. signals a major shift in global semiconductor supply chain dynamics. This development will directly impact upstream sectors such as silicon wafers, photoresists, and EUV equipment, creating ripple effects for suppliers like TSMC and Samsung. From a regulatory standpoint, the U.S. Chip Act incentivizes domestic production, increasing operational costs and pushing companies toward regionalized supply chains. Competitors such as Micron and Samsung may accelerate investments in the U.S. or Southeast Asia to counter this trend, sparking a new round of capacity expansion. Over the next 12–24 months, U.S. memory chip production will rise significantly, yet global demand will still outpace supply, potentially weakening the supply chain positions of Taiwan, China and Hong Kong, China.