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INTEL CORPORATION

(INTC)
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Intel : nears deal to sell NAND memory unit to SK Hynix - WSJ

10/19/2020 | 02:00pm EDT

Oct 19 (Reuters) - Intel Corp is nearing a deal to sell a memory-chip unit to South Korea's SK Hynix Inc for roughly $10 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.

The companies are discussing a deal that could be announced as soon as Monday, the report said https://www.wsj.com/articles/intel-nears-deal-to-sell-nand-memory-unit-to-sk-hynix-11603129781?mod=searchresults&page=1&pos=1.

Both the companies did not immediately respond to Reuters' requests for comment. (Reporting by Ayanti Bera in Bengaluru; Editing by Maju Samuel)


ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
INTEL CORPORATION -2.64% 55.67 Delayed Quote.14.85%
SK HYNIX INC. -1.58% 124500 End-of-day quote.5.06%
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Financials (USD)
Sales 2021 72 651 M - -
Net income 2021 16 644 M - -
Net Debt 2021 15 054 M - -
P/E ratio 2021 14,0x
Yield 2021 2,43%
Capitalization 231 B 231 B -
EV / Sales 2021 3,39x
EV / Sales 2022 3,35x
Nbr of Employees 110 600
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
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 48
Average target price 65,31 $
Last Close Price 57,18 $
Spread / Highest target 48,7%
Spread / Average Target 14,2%
Spread / Lowest Target -30,0%
EPS Revisions
Managers and Directors
NameTitle
Patrick P. Gelsinger Chief Executive Officer & Director
George S. Davis Chief Financial Officer & Executive Vice President
Omar S. Ishrak Independent Chairman
Daniel J. McKeon Vice President-Information Technology Group
Ann B. Kelleher Senior Vice President & GM-Technology Development
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