Ssd articles

hynix samsung tlc nand nand storage sk hynix

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.