Intel is selling its memory division

Bulletin

21. 10. 2020

One of the largest chip manufacturers is selling its division for the production of NAND and SSD memories. Intel sold it to the Chinese company SK Hynix for approximately $9 billion, which will be spread over two installments. The technological giant will probably focus more on the production of processors, where the rival company AMD is leading today. However, the memory business does not end there for Intel. Intel Optane is still here.

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