Intel agrees to sell its NAND memory unit to SK Hynix for about $9B; the acquisition includes Intel's solid-state drive, NAND flash, and wafer businesses (Bloomberg)

Bloomberg:
Intel agrees to sell its NAND memory unit to SK Hynix for about $9B; the acquisition includes Intel's solid-state drive, NAND flash, and wafer businesses  —  - U.S. chipmaker has fallen behind in a chip manufacturing race  —  Intel Corp. agreed to sell its Nand memory unit …

from Techmeme https://ift.tt/3m3ZCyO
via A.I .Kung Fu