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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
WDC 34.80-1.8%3:59 PM EST

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From: Bargain Hunter3/16/2021 6:33:12 PM
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Micron Technology Inc on Tuesday said it will put a chip factory in Lehi, Utah up for sale as it quits making a type of memory chip it jointly developed with Intel Corp nearly a decade ago.

Lehi is Idaho-based Micron's only factory making what it calls 3D Xpoint memory, a form of memory chip that aimed to find a price-to-performance sweet spot between the two dominant forms of memory chip: DRAM, which is fast but pricey, and NAND, which is slower but cheaper. The factory will be sold in a transaction expected to close by the end of this year, company officials told Reuters.
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