Intel is in talks with SK Hynix. Intel stock gains 2.24 percent

Published on 10/02/2026 at 14:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intel's second-quarter revenue rose 25.42 percent year over year. Intel stock costs EUR 108.96 on October 2, 2026 versus EUR 106.57 prior close.

Extreme macro photograph of a CPU processor chip corner revealing the polished metallic heat spreader surface and dense rows of gold contact pins in a pin grid array, dramatic blue studio lighting — Intel Corporation US4581401001 zeigt eine extreme Makro-Nahaufnahme eines CPU-Chips mit goldenem Pin-Grid-Array, Illustration mit AI erstellt.

Intel is in talks with South Korean chipmaker SK Hynix about producing memory chips in the United States, while Intel stock was trading at EUR 108.96 at Lang & Schwarz on October 2, 2026, up 2.24 percent from the EUR 106.57 prior close. As finanzen.at reported on September 16, 2026, the discussions involve US production and add a concrete customer angle to Intel's foundry strategy.

Memory talks add a foundry test

The potential cooperation matters because external customers are central to Intel's plan to expand its manufacturing business. The talks also arrive as demand for Intel processors has outpaced factory capacity, a point reported by finanzen.at on September 19, 2026.

For investors, the commercial question is whether talks become production commitments. Intel's foundry economics depend on filling advanced manufacturing capacity, so a named prospective customer is more relevant than a technology demonstration alone.

Second-quarter growth meets a loss

Intel reported second-quarter revenue of USD 16.13 billion, up 25.42 percent from USD 12.86 billion in the year-earlier period, according to finanzen.ch. The same report placed quarterly earnings per share at minus USD 2.16, compared with minus USD 0.67 a year earlier, showing that revenue growth has not yet translated into positive per-share earnings.

Intel's investor-relations page identifies the latest reported period as the second quarter of 2026, ending June 27, 2026, and lists the associated earnings release and 10-Q filing. The company also lists a September 8, 2026 collaboration between Intel Foundry and ASML on high numerical aperture extreme ultraviolet lithography, according to its investor-relations page.

Intel stock remains below its yearly high

Intel's market capitalization stood at USD 605.3 billion on October 2, 2026, while the 52-week range was USD 32.89 to USD 142.35. The current euro quote is therefore below the upper end of the US-dollar range, but the currencies and venues are separate reference points.

Intel stock was trading at EUR 108.96 at Lang & Schwarz on October 2, 2026 at 2:16 p.m. CEST, up 2.24 percent versus the Lang & Schwarz prior close of EUR 106.57 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Intel stock.