Intel gets .9B after closing sale of memory business to South Korea’s SK hynix

Intel gets $1.9B after closing sale of memory business to South Korea’s SK hynix

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Intel (NASDAQ:INTC) received about $1.9B following the completion of a sale of its NAND memory technology and manufacturing business to the South Korean tech giant SK hynix.

In October 2020, Intel signed an agreement under which SK hynix…

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https://seekingalpha.com/news/4426327-intel-gets-19b-after-closing-sale-of-memory-business-to-south-koreas-sk-hynix

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