Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Intel Corporation    INTC

INTEL CORPORATION

(INTC)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Intel : SK Hynix to Acquire Intel's NAND Business for $9 Billion

10/19/2020 | 09:11pm EST

By Kwanwoo Jun

SK Hynix Inc. plans to purchase Intel Corp.'s NAND memory-chip business for about $9 billion, the South Korean chip maker said in a regulatory filing Tuesday.

SK Hynix will pay KRW10.310 trillion ($9.04 billion) to acquire most of Intel's NAND business--which covers the NAND solid-state drive business, the NAND component and wafer business, and the Dalian NAND memory manufacturing facility in China, according to the filing.

The South Korean company's planned acquisition "aims to enhance the competitiveness of its NAND flash solutions" as a leading global semiconductor company.

The deal is expected to be completed by March 15, 2025.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

(END) Dow Jones Newswires

10-19-20 2109ET

Stocks mentioned in the article
ChangeLast1st jan.
INTEL CORPORATION 0.85% 47.45 Delayed Quote.-21.39%
SK HYNIX, INC. 2.26% 99400 End-of-day quote.5.63%
All news about INTEL CORPORATION
11/27INTEL : Senegal's UVS uses Atos' BullSequana Intel-based supercomputer to evalua..
AQ
11/23BOB SWAN : Open Letter to President-elect Biden
PU
11/20Luminar to supply lidar sensors for Mobileye's self-driving fleet
RE
11/20INTEL : NUC Kit Lays a Solid Whitebook Laptop Foundation
AQ
11/18Nvidia Benefits from Sustained Pandemic-Era Remote Work, Videogaming Demand -..
DJ
11/18NVIDIA : shares dip on predicted decline in data center sales
RE
11/18Nvidia Benefits from Sustained Pandemic-Era Remote Work, Videogaming Demand -..
DJ
11/18Phoenix okays development deal with TSMC for $12 billion chip factory
RE
11/18Phoenix okays development deal with TSMC for $12 bln chip factory
RE
11/18Nvidia Benefits from Sustained Pandemic-Era Remote Work, Videogaming Demand
DJ
More news
Financials (USD)
Sales 2020 75 333 M - -
Net income 2020 19 309 M - -
Net Debt 2020 21 979 M - -
P/E ratio 2020 10,4x
Yield 2020 2,80%
Capitalization 194 B 194 B -
EV / Sales 2020 2,87x
EV / Sales 2021 2,93x
Nbr of Employees 110 800
Free-Float 99,9%
Chart INTEL CORPORATION
Duration : Period :
Intel Corporation Technical Analysis Chart | INTC | US4581401001 | MarketScreener
Technical analysis trends INTEL CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 43
Average target price 54,11 $
Last Close Price 47,45 $
Spread / Highest target 111%
Spread / Average Target 14,0%
Spread / Lowest Target -24,1%
EPS Revisions
Managers
NameTitle
Robert Holmes Swan Chief Executive Officer & Director
Omar S. Ishrak Independent Chairman
Ann-Marie Holmes Vice President-Operations & Manufacturing
George S. Davis Chief Financial Officer & Executive Vice President
Daniel J. McKeon Vice President-Information Technology Group