SK Hynix denies report of buying Intel's Ohio fab

SK Hynix denied a report that it plans to buy Intel's Ohio fabrication plant.

SK Hynix's U.S. shares fell in overnight trading after the denial.

Investors are now focused on SK Hynix's upcoming earnings report.

The original report suggested a potential acquisition that would expand SK Hynix's U.S. presence.

No official confirmation from SK Hynix or Intel about any deal exists.