Intel articles

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Intel doubles down on foundry ambitions, unveils 18A and 14A process enhancements

New CEO means to woo foundry clients
In context: Intel's recent challenges are undoubtedly familiar to anyone who has paid even the slightest attention to the semiconductor market. These issues were a key reason the company recently appointed semiconductor industry veteran Lip-Bu Tan as its new CEO. Some even speculated that Intel might spin off its chip-making foundry business.
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SK hynix finalizes acquisition of Intel's NAND business, takes full control of Solidigm

Intel's exit from NAND market marks another strategic pivot to growth areas
What just happened? Intel and SK hynix have finalized an $8.85 billion deal that transfers Intel's NAND flash memory business to the South Korean semiconductor giant, marking the completion of a multi-year transaction that began in 2020. The final phase of the acquisition concluded with SK hynix making a $1.9 billion payment to Intel.