(Bloomberg Opinion) — Intel Corp. has stumbled lately. To right itself, the semiconductor giant needs to get back to basics and prioritize its main business. An exit from the memory industry would help that effort.On Monday, the Wall Street Journal reported that Intel is close to selling it memory-chip subsidiary to SK Hynix Inc. for about $10 billion, citing people familiar with matter. Despite large investments in flash memory, Intel has never been able to become a big player in these types of semiconductors, which are used in storage devices inside computer hard drives and consumer electronics. That’s a problem …read more
Source:: Yahoo Finance
