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1.
Short for Intel/Micron Flash Technologies, located in Lehi, UT, it is a place where NAND Flash memory is created and improved. Basically, a place that makes TONS of money on a daily basis.
Person 1: "Man, I need a 4GB flash drive."

Person 2: "Doesn't IMFT make those things?"

Example 2

Person 1: "Have you ever been to Utah?"

Person 2: "You mean were IMFT is?"
by f2jon December 10, 2010
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