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During Intel's Q2 earnings call, Pat Gelsinger, the company's CEO, announced plans to shut down the Optane memory business. According to Gelsinger, part of the reason is an industry-shift to other technologies, which have become more popular than Optane. . According to Tom's Hardware, Intel will have to pay $559 million for inventory impairment. The process …
Micron co-developed 3D XPoint memory technology with Intel first debuting in 2015 with Intel Optane, but now the tech is finished.
3D XPoint is at risk of being abandoned on March 17, 2021, 10:10 The big picture: Micron Technology is washing its hands of 3D XPoint, the memory technology it announced alongside Intel back in 2015. The company has halted R&D and is putting its fab up for sale. Unless a new owner scoops up the ashes and does something revolutionary with it, we've perhaps seen the last of 3D XPoint. Maybe Intel will want it after all? Micron said that effective immediately, they will cease development of 3D XPoint as they have determined that there is “insufficient market validation to...