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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST

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To: Elroy who wrote (94991)9/2/2025 12:55:49 PM
From: Sam1 Recommendation  Read Replies (1) of 95383
 
SK Hynix ( HXSCL) just wrapped up its $8.85 billion takeover of Intel's ( NASDAQ:INTC) NAND flash business, officially closing a deal that's been in the works since 2020. The final $1.9 billion payment landed on March 27, handing over Intel's remaining crown jewelsits NAND intellectual property, R&D muscle, and key engineering teams. With that, Solidigm (formerly Intel's SSD unit) is now fully under SK Hynix's roof, unlocking real collaboration and product innovation that had been stalled during the drawn-out transition. What started as a split acquisition, fab and SSD ops first, then IP and talenthas now come full circle.

finance.yahoo.com
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