Lutnick Urges SK Hynix, Samsung to Boost US Memory Output

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Cantor Fitzgerald CEO Howard Lutnick has urged SK Hynix and Samsung to increase their memory chip production within the United States. This initiative seeks to expand domestic manufacturing capabilities for critical components.

The push for increased US production could impact global semiconductor supply chains and pricing. Such a move would aim to bolster American self-sufficiency in chip manufacturing.

SK Hynix (KR) has gained +0.27% on Hyperdash since the news, and Samsung has risen +0.01%.

SourcesBloomberg

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