Intel Exits. SK hynix Takes Over. A New Flash War Begins.

Intel Exits. SK hynix Takes Over. A New Flash War Begins.

SK Hynix (HXSCL) just wrapped up its $8.85 billion takeover of Intel’s (NASDAQ:INTC) NAND flash business, officially closing a deal that’s been in the works since 2020. The final $1.9 billion payment landed on March 27, handing over Intel’s…

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