Intel agrees to sell its NAND business to SK Hynix for $9 billion

Intel agrees to sell its NAND business to SK Hynix for $9 billion


SK Hynix, one of the world’s largest chip makers, announced today it will pay $9 billion for Intel’s flash memory business. Intel said it will use proceeds from the deal to focus on artificial intelligence, 5G and edge computing. “For Intel, this transaction will allow us to to further prioritize our investments in differentiated technology […]


Enterprise – TechCrunch - Intel agrees to sell its NAND business to SK Hynix for $9 billion



October 20, 2020 at 03:00PM

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