Micron to buy $500 million of Elpida shares?

DigiTimes reports Micron is rumored to buy $500 million of Elpida shares:

Micron Technology reportedly will spend at least US$500 million to buy a stake in Japan rival Elpida Memory, according to a Chinese-language Economic Daily News (EDN) report. The speculation came on the heels of various other media reports that Elpida would propose an equity tie-up with Micron with some decision to be made as soon as February.

Elpida has reiterated that it declines to comment on speculation.

Micron to buy $500 million of Elpida shares? - More news at DV Hardware

Samsung and Micron create Hybrid Memory Cube consortium

Bright Side of News reports Micron and Samsung formed a Hybrid Memory Cube Consortium (HMCC):

Micron and Samsung are the founding partners and will collaborate closely with fellow developers Altera Corporation, Open Silicon, Inc., and Xilinx, Inc. to accelerate industry efforts in bringing to market a broad set of technologies. The consortium will initially define a specification to enable applications ranging from large-scale networking to industrial products and high-performance computing.

A primary industry challenge is the need for lower latency, higher bandwidth and lower power memory than the existing infrastructure can provide. The consortium aims to break the so called "memory wall" by utilizing a hybrid approach to satisfy these requirements.

Samsung and Micron create Hybrid Memory Cube consortium - More news at DV Hardware