SK Hynix Inc. said that it’s exploring options to boost its global competitiveness after a report that it may team up with Intel Corp. to make semiconductors in the US.

South Korean artificial intelligence startup Upstage is considering a pre-listing funding round as one of several capital-market options, according to its co-founder.

SK Hynix Inc. is planning to raise 45.45 trillion won ($29.4 billion) in a landmark US listing, as companies along the artificial intelligence supply chain rush to increase capacity to meet memory chip demand.