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Intel Sold Its NAND Memory Business for About $9 Billion. Micron Is Now Worth More Than Twice What Intel Is.
Source: Nasdaq
M&A & RestructuringCompany FundamentalsAntitrust & Competition
Intel completed the final closing (March 2025) of its previously agreed October 2020 sale of its NAND memory and storage business to SK Hynix for $9 billion. The article frames this as a resolution of a long-running divestiture rather than an operational change or earnings update. Overall, the news is informational and likely limited to incremental impact on company-level outlook for Intel and SK Hynix.
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