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Micron Plans To Buy Out Intel's Stake In Flash Memory Joint Venture For $1.5 Billion (thestreet.com) 20

Micron is planning to exercise a $1.5 billion option to buy Intel's 49% stake in the companies' IM Flash Technologies Joint Venture. "The option is exercisable on Jan. 1, 2019, and Micron says the deal will close six to 12 months after," reports TheStreet. From the report: In a statement, Intel suggests the timing of the deal's closing is at its discretion for up to a year after the option is exercised, while indicating it long expected Micron's decision. The companies have already made a pair of announcements this year that between them that signal the end of their age-old R&D partnership for developing non-volatile memory technologies. IMFT owns a manufacturing plant (fab) in Lehi, Utah that both produces NAND flash memory and is for now the sole manufacturer of 3D XPoint (pronounced 3D cross-point), a memory technology that Micron and Intel co-developed and announced to much fanfare in mid-2015. Intel, via its Optane product line, has a head-start on Micron in launching 3D XPoint-based products. However, Micron, via its QuantX brand, plans to launch its own 3D XPoint offerings in late 2019, using a second generation version of the technology.

What's so great about 3D XPoint? In a nutshell, it carves out a middle ground between DRAM (very fast, but not dense, relatively expensive and volatile, or unable to retain its data when power is lost) and NAND (cheap, dense and non-volatile, but relatively slow). Though more expensive than NAND -- particularly in these early days -- and not as fast as DRAM, 3D XPoint is much faster than NAND and much cheaper than DRAM, and like NAND is non-volatile. That opens up a lot of potential applications. Games can get a boost from using 3D XPoint solid-state drives (SSDs) for storage rather than conventional NAND SSDs, as could demanding workstation applications. Within data centers -- probably the largest market for the technology over the next few years -- 3D XPoint could improve the performance of demanding AI and high-performance computing (HPC) applications and enable larger deployments of high-speed, in-memory databases than what's possible using DRAM. And in both the PC/workstation and data center markets, 3D XPoint drives can work in tandem with slower types of storage to act as a high-speed cache for important or frequently-accessed data.

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Micron Plans To Buy Out Intel's Stake In Flash Memory Joint Venture For $1.5 Billion

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  • I would really love to throw a stick of optane in my Ryzen system. I wonder if that patent falls under part of the buyout.

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