Micron and Intel started development on 3D XPoint memory technology back in 2012 and by 2015 Intel had announced their Optane branded lineup of storage products featuring the new memory. Micron estimated that the chips would be sold for half the price of DRAM but five times the cost of flash memory and started limited manufacturing at a jointly owned factory in Lehi, Utah. The new technology was proposed as the future of memory but with Intel being the only major manufacturer of products that dream has not been realized. While the Intel Optane lineup of products has been generally well-received the high-cost and limited use cases have limited its adoption.
Micron has been dissolving its partnership with Intel over the years with their joint 3D XPoint development program ending in 2019 and Micron exercising their right to acquire Intel's share of the factory. This left Intel in the position of purchasing 3D XPoint wafers from Micron for use in their Optane products however this wasn't enough to fully utilize the facilities production and as such Micron has consistently been losing money on the factory. Micron has decided to sell the factory and is now in discussions with potential buyers the most likely being Intel to take over the facility. Intel has announced that their strategy for Optane products will remain the same and that supply will continue.
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Micron has been dissolving its partnership with Intel over the years with their joint 3D XPoint development program ending in 2019 and Micron exercising their right to acquire Intel's share of the factory. This left Intel in the position of purchasing 3D XPoint wafers from Micron for use in their Optane products however this wasn't enough to fully utilize the facilities production and as such Micron has consistently been losing money on the factory. Micron has decided to sell the factory and is now in discussions with potential buyers the most likely being Intel to take over the facility. Intel has announced that their strategy for Optane products will remain the same and that supply will continue.
View at TechPowerUp Main Site