In his first major move in April, Tan oversaw Intel’s $4.46 billion sale of a 51% stake in its Altera programmable chip unit to buyout group Silver Lake. At the time, Tan said he was committed to ...

Intel’s foundry unit posted a $2.3B operating loss in Q1 FY 2025 despite 8% QoQ revenue growth to $4.7B. Click here to find out why INTC stock is a Hold.

Chipmaker Intel is reportedly considering the sale of its network and edge unit as part of CEO Lip-Bu Tan’s effort to refocus ...

In a significant pivot that could reshape Intel’s future, the tech giant is quietly weighing whether to sell off its network and edge computing business units.

Recent developments at Intel Corporation (NASDAQ: INTC) suggest a quickening pace in its strategic overhaul under new CEO Lip ...

Reuters reported, citing people familiar with the matter, that Intel Corporation’s (NASDAQ:INTC) plans to divest its network ...

Intel (NASDAQ:INTC) might be ready to part ways with its networking and edge group. The company is weighing a possible sale ...

Intel's cost-cutting measures look set to continue as it's reportedly looking to divest its network and edge businesses. Reuters reports that the embattled firm is looking to sideline parts of the ...

WASHINGTON: Intel Corp agrees to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, as the struggling US company begins to spin off non-central businesses and assets.

Intel (INTC), a stalwart in the semiconductor world, has once again turned to investment bankers to chart its next move.

Intel to sell its networking and edge business after the sale of Altera chip unit as CEO Tan shakes up the chipmaker company.