Why are Intel and SK Hynix rallying today?

Intel (NASDAQ: INTC) and SK Hynix (NASDAQ: SKHY; KRX: 000660) are moving higher Wednesday after reports said the two chipmakers are discussing a U.S. production deal. Intel gained 5.2% before the market opened, while SK Hynix closed 4.1% higher in Seoul. Its Nasdaq shares were up around 3% before Wall Street trading began. SK Hynix...