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INTC Intel Corporation

30.91
0.40 (1.31%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.40 1.31% 30.91 30.50 31.07 31.055 30.70 30.98 36,789,464 05:00:11

Micron Plans to Buy Intel Stake in IM Flash Joint Venture

18/10/2018 10:05pm

Dow Jones News


Intel (NASDAQ:INTC)
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From May 2019 to May 2024

Click Here for more Intel Charts.
   By Josh Beckerman 
 

Micron Technology Inc. (MU) plans to exercise its right to buy Intel Corp.'s (INTC) interest in their joint venture, IM Flash Technologies LLC.

Micron, which can exercise a call option starting Jan. 1, 2019, expects to pay about $1.5 billion in cash at the time of close.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

October 18, 2018 16:50 ET (20:50 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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