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In October 2020, Intel agreed to sell its NAND memory and storage business to SK Hynix for $9 billion, with the final closing completed in March 2025. This move marked a strategic shift by Intel from traditional memory business to focusing on chip manufacturing. However, with the rise of artificial

Intel sold its NAND memory and storage business to SK Hynix for $9 billion in 2020, with the final transaction closing in March 2025. This move marked a strategic pivot by Intel away from commodity memory business toward its foundry operations. However, the rise of AI has dramatically reshaped the m