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Micron Sells Lehi 3D XPoint Fab to Texas Instruments for $900M
Back in March of this year, Micron announced that it would be getting out of the 3D XPoint business entirely, abandoning the technology and putting its sole 3D XPoint fab up for sale. Now a short few months later, Micron has secured a buyer for the fab – and it's not Intel. Rather it will be Texas Instruments who picks up the fab, buying it off of Micron for $900 million with plans to convert it over to analog and embedded processors.
The sale of the Lehi fab is the latest and final chapter in Micron's years-long efforts to unwind its non-volatile memory joint venture with Intel, IM Flash. Over the last decade Micron has acquired Intel's share of the business in multiple stages, culminating in acquiring the crown jewel of the former partnership, the Lehi, Utah 3D XPoint fab, in 2018. Since then, Micron decided that it would dissolve its 3D XPoint partnership with Intel entirely, culminating with the company abandoning the technology entirely, leaving Micron with a modern fab that it didn't have an immediate need for.
Previously: Micron Abandons 3D XPoint, Puts Fab Up for Sale
(Score: 5, Insightful) by DECbot on Friday July 02 2021, @01:47PM
That is a fucking steal for a working 12-inch fab. In 2006, that would be about a 6-billon dollar investment to make a fab like Lehi. I worked on some of Micron's LPVCD furnaces in their Manassas fab and that tooling was $1million each and that was considered cheap. Honestly, it would be a better investment to buy a working facility than to design and build a new one. Well, as long as you can keep the engineers and maintenance techs and listen to them as they explain the undocumented quirks about the process and equipment.
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