Micron sells former XPoint 3D fabric to Texas Instruments for $900 million مليون
what happened? Micron announced in March that it would stop making XPoint 3D memory and sell its plant in Lehi, Utah. They have since found buyers at Texas Instruments.
Micron said this week that Texas Instruments signed a $900 million deal to buy the facility for cash. The company said it expects to recover an additional $600 million from the sale of select Instruments and other assets, some of which have already been acquired. We were told that the remaining assets would be moved to other Micron production sites or sold to other buyers. Texas Instruments offers job opportunities to all members of the existing Lehi team and publishes its technologies on the site.
Micron partnered with Intel in 2015 on 3D XPoint, a memory technology that's advertised as 1,000 times faster than NAND. A small number of Optane-branded products managed to hit the market with 3D XPoint, but Intel eventually went out of business in late 2018.
Since then, Micron has shifted its focus to memory solutions for data centers, Compute Express Link (CXL) connection. According to Micron, the technology provides a high-performance link between computers, memory, and storage subsystems and could be key to AI operating systems and the data analytics world.
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