And so it begins: Micron calls its bank manager... we'll be havin' your bit of our JV, Intel

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 …

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