And so it begins: Micron calls its bank manager... we'll be havin' your bit of our JV, Intel
https://www.theregister.co.uk/2019/01/15/micron_will_buy_out_intel_from_joint_flash_foundry_venture/
Micron has confirmed it will indeed buy Chipzilla’s interest in their IMFT flash foundry joint-venture based in Lehi, Utah.
The intent to do this was first announced by Micron in October last year at an estimated cost of $1.5bn. It means that from the closing date of the transaction Intel will need to have its Optane 3D XPoint and 3D NAND made elsewhere.
And so it begins: Micron calls its bank manager... we'll be havin' your bit of our JV, Intel
Jan 15, 2019, 1:17pm UTC
https://www.theregister.co.uk/2019/01/15/micron_will_buy_out_intel_from_joint_flash_foundry_venture/
> Micron has confirmed it will indeed buy Chipzilla’s interest in their IMFT flash foundry joint-venture based in Lehi, Utah.
> The intent to do this was first announced by Micron in October last year at an estimated cost of $1.5bn. It means that from the closing date of the transaction Intel will need to have its Optane 3D XPoint and 3D NAND made elsewhere.