Advertisement

Intel Sells Its NAND Memory Business to SK Hynix for $9 Billion

Intel Sells Its NAND Memory Business to SK Hynix for $9 Billion

Semiconductor giant Intel (NASDAQ: INTC) is selling its NAND memory operations to South Korean memory expert SK Hynix. First reported by The Wall Street Journal, the deal was confirmed today by a press release from SK Hynix.