Micron expects to close the deal in six to 12 months after it is able to exercise call options on Jan. As recently as July, Micron and Intel announced they'd complete work by the first half of 2019 on developing the second generation of 3D XPoint technology, which is meant to improve storage performance and reduce server memory costs. The companies will continue to jointly manufacture 3D XPoint memory products at a Lehi, Utah-based facility until the deal closes. Back in 2012, Micron and Intel had expanded the flash memory joint venture. Lenovo reclaimed the top spot from HP Inc. Per Gartner figures, Lenovo topped HP as well. The company had 23. Matthew Zielinski, Lenovo's head of North America, told MarketWatch on Tuesday that the company's recent share improvement reflects Lenovo's balanced strategy. HP shares are down 0. They're up 18% over the past 12 months, compared with a 9. The chip maker's stock was the biggest percentage decliner in both the PHLX Semiconductor Index and the SPDR Technology Select Sector ETF. The stock was trading 21. Many chart watchers believe a decline of 20% or more from a bull-market peak defines a bear market. AMD shares have still run up 54% over the past three months, while Intel shares have dropped 12. It delivers computer, networking, data storage and communications platforms. It operates its business through the following segments: Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions, and All Other. The Client Computing Group segment consists of platforms designed for notebooks, 2 in 1 systems, desktops, tablets, phones, wireless and wired connectivity products, and mobile communication components. The Data Center Group segment includes workload-optimized platforms and related products designed for enterprise, cloud, and communication infrastructure market. The Internet of Things Group segment comprises of platforms such as retail, transportation, industrial, video, buildings and smart cities, along with a broad range of other market segments. The Non-Volatile Memory Solutions Group segment constitutes of NAND flash memory products primarily used in solid-state drives. The Programmable Solutions Group segment contains programmable semiconductors and related products for a broad range of markets, including communications, data center, industrial, military, and automotive. The All Other segment consists of results from other non-reportable segment and corporate-related charges. The company was founded by Robert Norton Noyce and Gordon Earle Moore on July 18, 1968 and is headquartered in Santa Clara, CA. Intraday Data provided by SIX Financial Information and subject to. Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U. Intraday data delayed at least 15 minutes or per exchange requirements.