Intel and AMD stocks jumped on Wednesday as investors responded to developments across the semiconductor industry, from a potential US memory manufacturing deal involving Intel to upbeat forecasts for long-term chip demand and a positive update on AMD's product ramps. Intel stock INTC rose about 4.5% after Reuters reported that South Korean memory-chip maker SK Hynix was in talks with Intel over a potential arrangement that could see it manufacture memory chips on US soil for the first time.
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