---
schema_version: "secwatch.filing_event.v1"
accession: "0000050863-25-000060"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:28:01.192066+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Intel completes second closing of NAND memory sale to SK hynix for ~$1.9B

## Summary
- Second closing occurred on March 27, 2025; Intel received ~$1.9B net of adjustments.
- Transaction covers Intel's NAND memory technology and manufacturing business; first closing was Dec 2021.
- NAND wafer manufacturing and sale agreement between Intel and SK hynix terminated upon second closing.
- This completes the previously announced divestiture of Intel's NAND and SSD business.

## SEC filing metadata
- accession: 0000050863-25-000060
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000005086325000060/0000050863-25-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000005086325000060/intc-20250327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050863-25-000060
- JSON: https://secwatch.observer/filing/0000050863-25-000060.json
- Plain text: https://secwatch.observer/filing/0000050863-25-000060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.