Comment by lend000

Intel's NAND flash was overshadowed by their Optane (not included in the sale) and lagging behind Hynix and Samsung, so I guess this isn't such a bad move. The cynical take is that the CFO running Intel is attempting a bunch of standard corporate restructuring strategies to delay the effects of their slowing technical innovation. It is definitely concerning from a US technical superiority standpoint to consider that this same CFO may soon try to sell off some of their more competitive fabs.