Intel Sells SSD Enterprise and Dalian Facility to SK hynix

Intel Corp. completes its first closing within the sale of its NAND and SSD enterprise to SK hynix.

SANTA CLARA, Calif., December 29, 2021–(BUSINESS WIRE)–Intel Company at the moment introduced it has accomplished the primary closing of the sale of its NAND and SSD enterprise, promoting its SSD enterprise (together with the switch of sure NAND SSD-associated mental properties (IP) and staff) and the Dalian NAND reminiscence manufacturing facility in China to Seoul-based SK hynix. In trade, SK hynix pays Intel US$7 billion in consideration. The deal was introduced Oct. 19, 2020.

Intel will proceed to fabricate NAND wafers

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How Cristina Rodriguez Of Intel Is Using An Developed Formulation On The New Edge, Advancing Know-how For All Of Us, Not Simply The Privileged Few

There are billions of related gadgets on the planet proper now and over fifty % of the world’s knowledge will compute on these gadgets on the sting in just a few years’ time. Meaning numerous shifting knowledge items outdoors of the normal bounds for us all. Think about a world the place knowledge computes on the sting with out having to return to a knowledge heart to assist it make selections. Add in 5G, add in close to latency free compute and let AI drive actual time choice making.

Cristina Rodriguez believes that this revolution gives to the touch something

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