Just a few months back, we all gave SanDisk a round of golf claps for moving towards 43-nanometer NAND production. Fast forward to today, and that "feat" doesn't look so mighty anymore. Intel and Micron have just announced the industry's first sub-40nm NAND flash memory device, the 34nm 32 gigabit multi-level cell chip. The process technology was collaboratively developed by the two firms' joint venture, IM Flash Technologies (IMFT)," and there's nary a hint of shame when they trumpet that this is the "smallest NAND process geometry on the market." Sample shipments are expected to leave the dock in June, while mass production should get going sometime in the second half of this year. Somehow, we get the impression this won't stay on top for long.