South Korean firm SK Hynix to acquire Intel's NAND memory business for $9 billion

clock • 2 min read
South Korean firm SK Hynix to acquire Intel's NAND memory business for $9b
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South Korean firm SK Hynix to acquire Intel's NAND memory business for $9b

The two firms expect the deal to close in 2025

South Korean memory chipmaker SK Hynix announced today that it has entered an agreement to acquire Intel's NAND memory and storage business for about $9 billion. As part of the deal, SK Hynix will get...

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