Micron updates data center portfolio strategy to address growing opportunity for memory and storage hierarchy innovation

Boise, idaho, march 16, 2021 (globe newswire) -- micron technology, inc. (nasdaq: mu), today announced updates to the company's portfolio strategy to further strengthen its focus on memory and storage innovations for the data center. micron will increase investment in new memory products that leverage the compute express link™ (cxl™), the recently introduced industry standard interface that enables flexible connection between compute, memory and storage. with immediate effect, micron will cease development of 3d xpoint™ and shift resources to focus on accelerating market introduction of cxl-enabled memory products.
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