Intel exits memory business, sale to Hynix for $9B
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Intel exits memory business, sale to Hynix for $9B
1–10 of 188 posts
Re: Intel exits memory business, sale to Hynix for $9B
#2Yet another instance of an industry giant selling off core parts of the business. Are Intel in so desperate need of cash?!
Re: Intel exits memory business, sale to Hynix for $9B
#3Wow, that's more than half a Mobileye or Altera!
Re: Intel exits memory business, sale to Hynix for $9B
#4Yet another instance of an industry giant selling off core parts of the business. Are Intel in so desperate need of cash?!
No kidding
Maybe they need money to sink in their 7nm/5nm new projects, but it seems they're losing their hand there
Intel seems to have a great timing for doing the wrong thing at the right time. E.g. their sale of their Arm division
Re: Intel exits memory business, sale to Hynix for $9B
#5Intel's NAND flash was overshadowed by their Optane (not included in the sale) and lagging behind Hynix and Samsung, so I guess this isn't such a bad move. The cynical take is that the CFO running Intel is attempting a bunch of standard corporate restructuring strategies to delay the effects of their slowing technical innovation. It is definitely concerning from a US technical superiority standpoint to consider that this same CFO may soon try to sell off some of their more competitive fabs.
Re: Intel exits memory business, sale to Hynix for $9B
#6A small fix to the HN title: it's about NAND (flash) memory, so basically "storage/SSD", not RAM "memory".
Re: Intel exits memory business, sale to Hynix for $9B
#7Intel's NAND flash was overshadowed by their Optane (not included in the sale) and lagging behind Hynix and Samsung, so I guess this isn't such a bad move. The cynical take is that the CFO running Intel is attempting a bunch of standard corporate restructuring strategies to delay the effects of their slowing technical innovation. It is definitely concerning from a US technical superiority standpoint to consider that…
The real shitshow starts when the CFO becomes the CEO (as is usually the case), so Intel is pretty much dead as is US tech innovation on this scale (until VCs do what China does and start pouring money into hard stuff, not just fluffy software).
Re: Intel exits memory business, sale to Hynix for $9B
#8A small fix to the HN title: it's about NAND (flash) memory, so basically "storage/SSD", not RAM "memory".
Thanks. I was about to ask the same question
Re: Intel exits memory business, sale to Hynix for $9B
#9Yet another instance of an industry giant selling off core parts of the business. Are Intel in so desperate need of cash?!
How is the hyper-competitive, low-margin, commodity NAND business core to what Intel does or aspires to do?
(Intel is of course not doing their best at their core, but this does not seem to be an instance of it IMO. This is more analogous to exiting the DRAM business early in their existence)
Re: Intel exits memory business, sale to Hynix for $9B
#10I guess it harkens back to their first few years, when they decided to sell off their DRAM business? Although, not so clear now whether it means they're on another course to greatness...