Wall Street backs Intel's $9 billion sale of NAND unit to Hynix

Wall Street backs Intel's $9 billion sale of NAND unit to Hynix

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-intel-divestiture-research/wall-street-backs-intels-9-billion-sale-of-nand-unit-to-hynix-idUSKBN2751YM

Intel Corp's $9 billion sale of its NAND memory chip unit will help the U.S. chip giant focus on its core business in higher-margin processors, Wall Street analysts said on Tuesday, after its deal with South Korea's SK Hynix Inc .