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

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Intel gets .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…

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

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