Texas Instruments takes over the Micron factory, the transaction price is 1.5 billion US dollars
Recently, Micron announced that it has reached a final agreement with Texas Instruments to sell the original 3D Xpoint chip factory for a total transaction price of US$1.5 billion, of which US$900 million will be paid in cash, and the remaining US$600 million will be obtained from the resale of tools and assets. The home is not only Texas Instruments but also other companies.
The factory was founded by Intel and Micron for the research and development of 3D Xpoint and spent a total of US$3 billion. It was known as a revolutionary product that year. Based on this, Intel built the Optane product line, SSD, and other products. However, in 2018, Micron and Intel gradually separated their families, so in March this year, they announced the news of the sale of the 3D Xpoint factory.
It is reported that Texas Instruments will transform it into a large 300mm wafer fab for 45nm and 65nm chip manufacturing and promises to provide job opportunities for all employees of the plant, and the transaction will be completed before the end of the year.