Intel Agrees to Sell Storage Unit to SK Hynix for $9 Billion

Hynix announced its plan to acquire Intel's NAND memory unit for $9 billion, aiming to become the second-largest NAND flash memory maker. The deal includes Intel's memory plant in China but excludes its Optane division. Regulatory approvals are expected by next year, with finalization by 2025. The acquisition is seen as a market consolidation move, potentially stabilizing supply and prices. However, investor skepticism about the deal's cost has affected Hynix's stock performance, as the company has been experiencing financial losses and anticipates continued challenges in the near term.

What is the main asset Hynix is acquiring from Intel?

• Intel's Optane division

• Intel's NAND memory unit

• Intel's AI technology

• Intel's 5G patents

What is a potential benefit of the Hynix-Intel deal for the memory market?

• Increased competition

• Decreased market share for Hynix

• Higher prices

• Controlled supply and prices

How will the acquisition affect Hynix's position in the NAND flash memory market?

• It will make Hynix the largest NAND flash memory maker

• It will have no effect on Hynix's market position

• It will make Hynix the second-largest NAND flash memory maker

• It will decrease Hynix's market share

Why did Hynix shares initially rise after the announcement?

• Intel's stock also rose

• Hynix announced a new product line

• The deal was seen as a cost-saving measure

• Investors were optimistic about market consolidation

What is a concern among investors regarding the Hynix-Intel deal?

• Hynix will lose its market share

• The deal might lead to increased competition

• Intel will dominate the market

• The price of the deal is considered excessive