Intel Corp (INTC)

[wbmw]

Intel is NOT selling phase change with their NOR program!

http://www.intel.com/pressroom/archive/releases/20070522corp.htm?iid=pr1_releasepri_20070522r

Re: Under the terms of the agreement, STMicroelectronics will sell its flash memory assets, including its NAND joint venture interest and other NOR resources, to the new company while Intel will sell its NOR assets and resources.

Phase change isn't mentioned here.

Re: The integration of STMicroelectronics' and Intel's parallel programs on phase-change memory, a key technology capability, will also help to bring the benefits of advanced flash memory technology to potential customers more quickly and efficiently.

It sounds to me like Intel will run the phase change program within Intel, and collaborate on manufacturing the technology with this newly spawned company.

This way, Intel makes money on future flash architecture, without having to have a divergence in their manufacturing facilities. Great move, IMO.