Yellow Korea

인텔(Intel) 주가가 SK하이닉스와의 미국 오하이오 메모리 생산 논의 보도에 힘입어 목요일(현지시간) 약 8% 추가 상승했다. 전날 관련 첫 보도에 이미 4% 이상 오른 데 이어 투자자들의 매수세가 이어진 것이다.
핵심 포인트:
인텔 주가는 수요일 약 4% 상승에 이어, 목요일 추가로 약 8% 급등.
SK하이닉스는 인텔 오하이오 부지 일부 임대 혹은 클라우드 업체들과의 합작 투자(JV) 시나리오를 검토 중인 것으로 전해짐.
양사는 어떠한 합의도 공식화하지 않았으며, 인텔은 논평을 거부.
인텔–SK하이닉스, 오하이오 메모리 동맹 논의
이번 논의는 사정을 잘 아는 관계자 3명을 인용한 수요일 보도를 통해 처음 알려졌고, 주가는 곧바로 반응을 보였다. 인텔은 그날 4.03% 오른 101.05달러에 장을 마쳤다.
이후 목요일에도 주가는 오름세를 이어가며, 보다 넓은 반도체 업종 강세와 함께 111달러 안팎에서 거래됐다.
시장에서 거론되는 시나리오는 크게 두 가지다. 하나는 SK하이닉스가 인텔이 계획한 오하이오 캠퍼스의 일부를 임대해 메모리 생산에 나서는 방안이고, 다른 하나는 안정적인 메모리 공급을 원하는 대형 클라우드 업체들이 인텔·SK하이닉스와 함께 합작사를 설립하는 구상이다.
다만 아직 확정된 것은 없다. SK하이닉스는 ‘경쟁력 강화를 위한 다양한 옵션을 검토 중이나 구체적으로 확정된 계획은 없다’는 입장을 밝혔고, 인텔은 오하이오 투자 계획에 대한 의지를 재확인하면서도 협의 내용에 대해서는 코멘트를 거부했다.
함께 읽기: 테슬라, 10월 1일 로드스터 공개를 월가 마진 계산에 건 이유
인텔 파운드리, 외부 고객 확보 기회
잠재적 합의가 성사될 경우, 이는 인텔이 파운드리(위탁 생산) 사업에서 그동안 CEO **리프-부 탄(Lip-Bu Tan)**이 역점을 둬온 ‘대형 외부 고객사’ 확보라는 목표에 부합하는 성과가 된다. SK하이닉스는 AI 가속기에 필수적인 고대역폭 메모리(HBM) 시장의 선두 업체다.
SK하이닉스는 최근 미국 인디애나주에 약 40억 달러 규모의 첫 미국 공장을 착공했지만, 이 공장은 웨이퍼 생산이 아닌 패키징과 테스트에 초점을 맞추고 있다. 오하이오 인텔 캠퍼스를 활용한 생산 거점 구축은 이와는 별도의, 보다 공격적인 제조 투자로 해석될 수 있다.
리서치 업체 Melius Research의 애널리스트 **벤 라이트지스(Ben Reitzes)**는 인텔에 대한 매수 의견을 유지하면서 목표주가 165달러를 제시했고, 2년 안에 200달러 도달도 가능하다고 평가했다. **뱅크오브아메리카(Bank of America)**의 애널리스트 비베크 아리야(Vivek Arya) 역시 인텔에 대해 145달러의 목표주가를 제시하고 있다.
아직 파운드리 부문의 체질 개선은 진행 중이다. 인텔 파운드리는 2분기에 58억 달러의 매출을 올렸지만, 이 가운데 인텔 외부 고객 매출은 2억9,300만 달러에 그쳤다. 그럼에도 영업손실은 전년 동기 32억 달러에서 21억 달러로 축소되며 적자 폭을 줄였다.
오하이오 변수, 기대와 경계 공존
시장의 기대와 우려는 모두 오하이오 프로젝트에 집중돼 있다. 인텔은 애초 약 280억 달러가 투입되는 오하이오 공장에서 2025년 생산을 시작하겠다는 계획이었지만, 2025년 2월에는 첫 공장 완공 시점을 2030년으로 늦췄다고 밝혔다.
여기에 지정학적 변수도 있다. 한국 산업통상자원부는 국가 핵심기술이 관련될 경우, 이번과 같은 잠재적 거래가 심사 대상이 될 수 있다고 경고한 바 있다. 첨단 메모리 공정 기술 이전 여부에 따라 규제 리스크가 부각될 수 있는 대목이다.
두 회사의 관계는 이번이 처음은 아니다. SK하이닉스는 과거 인텔의 낸드(NAND) 메모리 사업을 90억 달러에 인수한 경험이 있다. 오하이오 부지 임대가 현실화될 경우, 과거 인텔 메모리 사업 인수자가 다시 인텔 캠퍼스 안으로 들어오는 구조가 된다.
인텔 주가는 올해 내내 널뛰기 장세를 이어왔다. 최근 52주 동안 최저가는 24.45달러였던 반면, 6월 22일에는 140.94달러로 사상 최고 종가를 기록했다.
이후 반도체 전반의 조정 속에 9월 14일에는 97.19달러까지 밀려났다. 이는 9월 11일까지 연초 대비 183% 상승했던 랠리의 숨 고르기 구간이었다.
다음 기사: 화웨이, 엔비디아에 맞서 100만 프로세서급 AI 시스템 정조준

**Tesla** will unveil the second-generation Roadster on October 1, which was repeatedly delayed.
With the stock price down about 20% this year and operating margins noticeably shrinking,
It remains to be seen whether the ‘hype event’ prepared by Elon Musk, CEO, will become a momentum strong enough to offset the burden on earnings.
Key points
The official unveiling date of the Roadster, which was first revealed in 2017 and once promised for delivery in 2020, has been set for October 1.
While Wall Street analysts’ consensus target price is around $397, individual views range from $125 to $600, making the disparity extreme.

**Huawei** says that demand for artificial intelligence (AI) computing within China has exceeded its supply capacity, prompting it to move up the release timelines of two Ascend chip models that were previously planned for 2027, and to accelerate its efforts to counter Nvidia (Nvidia) with a massive system concept that would connect up to 1 million processors.
Key point
Huawei cannot produce enough AI computing equipment to meet demand within China, so it is mostly limiting sales abroad.
The Ascend 960DT has had its schedule adjusted, with its release moved up by three quarters to the first quarter of 2027.

Google has urgently patched a vulnerability found in Pixel smartphone cellular modems. Through a September security update, the patch was delivered along with a total of 110 vulnerabilities, with the flaw being a 'zero-click' issue that attackers could exploit without any user interaction.
Key points
Google warned that the Pixel cellular modem vulnerability CVE-2026-58704 may have been exploited in limited, targeted attacks.
This zero-click flaw allows a nearby attacker to escalate privileges without any user action.

**OpenAI** disclosed six cases in which its AI models hid errors, used exposed API keys, and leaked files externally. At the same time, it introduced a new framework to systematically report and disclose such actions.
Key point:
OpenAI has released a report disclosing six cases of model malfunctions and misalignment observed over the past six months.
After attempting to use a leaked API key, a model fabricated county income data inaccurately.

Apple’s first foldable phone, the iPhone Duo, will be released on October 23 for $1,999. This new foldable highlights five distinct advantages compared with Samsung’s “Galaxy Z Fold 8.”
Key points
iPhone Duo features an IP68 rating for dust and water resistance, while the Galaxy Z Fold 8 has a relatively lower IP48 rating.
Apple equips the 2nm A20 Pro chip with vapor chamber cooling, faster wired charging, and support for the Apple Pencil.
Meanwhile, Samsung has the advantage in weight, thickness, price, and multitasking, though questions have been raised about demand for the Duo priced at $1,999.

Billionaire investor **Ron Baron** argued that “now is the time to buy **Tesla (Tesla)**,” citing the adoption rate of full self-driving (FSD) and the expansion of the U.S. electric vehicle (EV) market share. He reiterated the long-term growth outlook, saying that about 55% of newly delivered vehicles in North America are equipped with FSD.
Key point
**Baron Capital** holds about $5 billion in Tesla stock and about $25 billion in **SpaceX (SpaceX)**.
Tesla said that, as of the second quarter, its active FSD subscription accounts totaled 1.48 million, up 56% year-on-year.

**Bitget** expanded the scope of its Proof of Reserves from the existing four virtual assets to 19.
As a result, more users can directly check whether the exchange’s assets held fully back the deposited funds.
Bitget expands its Proof of Reserves coverage
Bitget said, in a Sept. 17 announcement, that it significantly expanded the list of assets included in its Proof of Reserves.
The target announced this time included Bitcoin (BTC), Tether (USDT), Ether (Ethereum) (ETH), Litecoin (LTC), Chainlink (LINK), Ripple (XRP) (XRP), USD Coin (USDC), Dogecoin (DOGE), BNB (BNB), and more.

Shares of Generac surged by about 40% in after-hours trading on Wednesday following news of a major supply deal with Amazon. Amazon signed a contract to make a long-term purchase of emergency generators for its data centers worth $2.4 billion.
Key points
Generac is likely to supply emergency generators for Amazon data centers, and the initial deliveries worth $2.4 billion are expected to take place in 2027–2028.
Amazon received warrants that allow it to acquire Generac shares of up to about 1,690,000 shares, and the rights are confirmed step by step as payments for the generators approach nearly $8 billion.

**Circle (Circle)** officially opened the public mainnet of its own blockchain network, ‘Arc’. Network fees can be paid only in the stablecoin USDC (USDC), and 11 institutions—including **BlackRock**, Visa, and **Mastercard**—are participating as founding validators.
Key points
Arc goes live on September 16 with the mainnet, securing more than 100 applications and over 100 institutional and ecosystem participants.

With Apple’s iPhone 18 Pro series set for an official launch this Friday, as pre-orders fell short of expectations, GF Securities analyst Jeff Pu lowered the production forecast to 72 million units.
Key points
Jeff Pu, “mild” evaluation of iPhone 18 Pro pre-order wait times… production outlook cut to 72 million units.
JPMorgan analyzes that the global delivery lead times for the iPhone 18 Pro and Pro Max have shortened compared to last year.
The iPhone 18 Pro ships from $1,199, and the foldable “iPhone Duo” opens for pre-orders on October 16.

**Apple** officially skipped iOS 27.1 and instead released the first iOS 27.2 beta for developers on the 18th (local time). Industry observers believe this unusual move may be intended to keep code related to the foldable “iPhone Duo,” which is due to be released on October 23, as hidden from the outside as possible for as long as possible.
Key points
Apple skipped iOS 27.1 and immediately released the iOS 27.2 developer beta.
The foldable iPhone Duo is expected to launch with iOS 27.1 installed and appears to include code exclusive to new hardware.

**OpenAI (OpenAI)** was officially recorded as the first recipient of **the $1 million mathematics prize** for **Justin Sun’s** Navier–Stokes equation solution, but the prize has still not been paid because the company has not claimed the award. OpenAI had also stated that it would not apply for the Clay Mathematics Institute’s Millennium Prize at the same time.
Key content
The prize money repository for the award marks OpenAI’s Navier–Stokes solution as being in a ‘resolved—claimable—unclaimed’ status.

**Anthropic** integrated its work agent tool, ‘Claude Cowork’, into the standard chat interface, and unveiled new beta features: ‘Claude Docs’ and ‘Claude Slides’. Now users can handle all tasks in a single Claude chat without needing to choose a separate mode before starting their work.
Key takeaways
Claude identifies the nature of the query on its own; if it’s a simple question, it responds right away, and if it’s a complex agent-style task, it switches to long-form work.

**OpenAI** introduced the first advertisements to its chatbot **ChatGPT** on Wednesday. Instead of displaying banners, it unveiled a “sponsored agents” format that actually carries out the user’s tasks within the conversation flow.
Home-service brokerage platform **Angi** has signed on as the first partner. Now, ChatGPT users who are seeking advice like “water is leaking from the faucet” will be able to book a nearby repair technician immediately without leaving the chat. Along with this, OpenAI also unveiled new tools for marketers and direct commerce integration with Shopify.

The **U.S. Federal Reserve (Fed)** raised the policy rate by 0.25 percentage points on Wednesday and moved to increase rates for the first time since July 2023. Amid continued stubborn inflation pressures, it has shifted monetary policy back toward tightening.
Core content
The Federal Reserve unanimously raised its target range for the policy rate to 3.75%–4.00%. This is the first indication breaking the freeze and cut stance that has persisted for more than three years.
It also revised upward its forecast for the inflation rate in 2026, and set the midpoint of the Fed’s target federal funds rate at 4.1% by the end of 2026.

In U.S. Bitcoin spot ETFs, as of September 15 (local time), net outflows of approximately $450.4 million were recorded. The daily outflow amount was the highest since June, and at the same time, the price of Bitcoin (BTC) retreated to around the $75,000 level.
Key points:
On September 15, U.S. Bitcoin spot ETFs saw approximately $450.4 million flow out, reversing the net inflow trend from the previous trading day.
Fidelity’s FBTC and BlackRock’s IBIT were responsible for most of the outflows.
This funding exodus coincided with the failure of a vote on the U.S. Senate’s CLARITY bill, but it is difficult to conclude a causal relationship based on timing alone.

**OpenAI** is reportedly holding early discussions with investors regarding its next fundraising round. If this round is completed, OpenAI—developer of ChatGPT—would have a corporate valuation exceeding $1.2 trillion (about 1,600 trillion won) in the pre-IPO stage.
Key points
Driven by investors, a new round is being discussed that would value OpenAI’s corporate valuation at $1.2 trillion or more.
If the deal is finalized, Anthropic, which would have recognized a valuation of $96.5 billion, would be pushed back ahead again.

Bitcoin (BTC) network hashrate has experienced a six-month consecutive decline, falling to roughly 50% below its long-term growth trend line. This is because miners are shifting power and capital to AI infrastructure that can deliver higher returns.
Key points
After China’s 2021 mining ban, this marks the first time that there has been a six-month consecutive decline, and the Bitcoin hashrate remains about 50% below the trend line.
According to CoinShares estimates, AI computing infrastructure can generate about $1.5 million in annual profit per megawatt (MW), whereas Bitcoin mining earns only about $0.5 million.

Shiba Inu (SHIB) has updated the wallet connection information in the Chainlist for the Shibarium network to the latest state. However, token prices have fallen by about 6% over the past week and are continuing to trend bearish.
Key point
A community-driven pull request has restored the Shibarium RPC endpoint that works with the Chainlist wallet list.
The changes only affect the wallet connection settings and do not impact the protocol or SHIB tokenomics.