Intel CEO hints at return to the memory business — says market is ripe for innovation, hints at stacking memory and CPU

Intel CEO Lip-Bu Tan has revealed that new memory architectures — once thought a commodity business — are now strategically interesting and one of his pet projects, while speaking about the comeback of the American chip industry. He further noted that the memory industry is ripe for innovation, and also hinted at exploring ways to stack memory on top of a CPU.

After years of being a commodity, memory became a strategic asset in recent quarters and will likely remain one for a while, so suddenly, leading makers of 3D NAND and DRAM became highly profitable companies, something the Intel CEO is keenly aware of:  ”I used to be, ‘do not invest in memory because it is a kind of commodity business,’ but now it has become different,” Tan said. […] “There is a lot of new technology coming out. So, we are kind of looking at one of my pet projects, some of the new memory architecture. I think you just saw the news: I hired my good friend, Seok-Hee Lee, who used to run SK Hynix. So, you kind of know something that I am thinking about. We are not ready to unfold it.”