Intel Corporation's cost-cutting moves, including the Altera sale, could boost its stock. Explore its recovery potential post-earnings. Click for my INTC update.

Garage sale as Intel bleeds from old bets Troubled Chipzilla is flogging 51 per cent of its Altera programmable chip arm to buyout outift Silver Lake for $4.46 billion, marking new Intel boss Lip-Bu ...

Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move by new CEO Lip-Bu Tan to revive the struggling ...

Intel sells majority stake in FGPA specialist Altera for 4.46 billion US dollars. The deal is part of the strategy to streamline the Group.

Intel, under new CEO Lip-Bu Tan, is selling a 51% stake in its Altera programmable chip business to Silver Lake for $4.46 billion. This deal values Altera at $8.75 billion, significantly less than ...