Intel sells its faltering SSD business to SK Hynix

Intel, one of the biggest names in the flash storage and SSD business, announced Monday evening that it has sold all of its SSD operations to SK Hynix, a company even PC enthusiasts may not recognize. The sale, for a cool $9 billion, comes as Intel apparently exits what is increasingly becoming a commodity business.

The sale is interesting because of the quality of what Intel is selling—and the length of time SK Hynix is waiting to get its hands on it. Intel makes some of the best SSDs we’ve reviewed—and some of the most expensive as well, like the Optane SSD 905P that’s over two years old and still sells for over $1,300 on Amazon.

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