Micron Exits Chip Developed With Intel, Will Sell Utah Factory Micron exits a memory-chip venture with Intel and will increase investment in new products that leverage Compute Express Link. Author: Micron Technology ( MU) - Get Report shares were little changed after the semiconductor titan said it’s exiting the memory chip that it partnered on with Intel ( And it’s selling a Utah factory where this 3D XPoint chip was made. The stock recently traded at $91.50, little changed. Micron shares have surged 82% in the six months through Tuesday. Shares of Intel, the Santa Clara, Calif., chip major, at last check slipped 1.2% to $64.03.