The sale is element of a broader change in technique for the Boise-based computer chip maker.
BOISE, Idaho — Micron Know-how on Tuesday announced that it is in conversations to sell its Lehi, Utah pc chip producing plant as part of a larger sized change by the firm to focus on memory and storage improvements for knowledge centers.
The Boise-based mostly corporation said it truly is aiming to get to a sale agreement for the manufacturing unit by the stop of the yr.
The $1.3 billion fab plant, which contains multiple properties and more than 2 million square feet of space east of I-15 in Lehi, was developed in the late 1990s.
The Lehi plant is the firm’s only factory that can make 3D XPoint, a memory storage technological know-how developed jointly by Micron and Intel to fill the gap in the storage marketplace among DRAM and NAND flash.
Micron acquired out Intel’s fascination in the partnership – named IM Flash Technologies – for $1.5 billion in January 2019. At the time, the enterprise experienced massive strategies for 3D XPoint and the Lehi facility.
“The Utah-primarily based facility offers us with the manufacturing overall flexibility and very expert expertise to drive 3D XPoint growth and innovation, and to deliver on our emerging technology roadmap,” Micron President and CEO Sanjay Mehrotra said in a January 2019 assertion.
A minimal over two a long time afterwards, these programs have adjusted drastically.
Micron has ceased the growth and production of 3D XPoint and is now shifting means to aim on expenditure in so-termed Compute Categorical Connection (CXL)-enabled goods.
According to the corporation, CXL is the a short while ago released market-regular interface that enables flexible link among compute, memory and storage.
“Memory and storage are important to the knowledge economic climate, and the will need for facts heart memory innovation has under no circumstances been larger,” Mehrotra explained in a information launch on Tuesday. “As a leader in memory and storage, Micron is committed to top innovation to unleash the upcoming technology of info facilities. Today’s announcement displays our aim to make investments in higher-value alternatives for buyers that also produce strong shareholder returns.”
Micron cited “wide proliferation” of artificial intelligence and developments in knowledge analytics that necessitate a modify from 3D XPoint to CXL.
The CXL interface will permit for additional platform innovation in info centers, Micron said.
The organization added that it “sees huge guarantee in new lessons of memory-centric methods that use CXL to scale the capacity, efficiency and content material essential by purposes to operate on infrastructure with greater architectural independence.”
While it is sunsetting the 3D XPoint initiative, Micron promised to apply the awareness it acquired from the initiative to new kinds of memory merchandise.