After being forced into retirement, Gelsinger said he was often “pissed off, angry and bitter with the board.” ...

Intel has agreed to sell a 51 per cent stake in its Altera programmable chip unit to private equity firm Silver Lake for USD 4.46 billion, marking a shift under new CEO Lip-Bu Tan aimed at refocusing ...

The deal, announced on Monday, values Altera at $8.75 billion, a sharp decline from the nearly $17 billion Intel paid in 2015 ...

Tariff talk has hurt shares of rival chip maker Nvidia, but Intel stock has barely moved. The company is refocusing its board ...

Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for US$4.5-billion, in the first major move by new CEO Lip-Bu Tan to revive the struggling ...

Intel Sells Majority Stake in Altera to Silver Lake for $4.46 Billion: A Strategic Move for Revival ...

Intel has announced that it has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver ...

Intel Corp (NASDAQ:INTC) announced plans to sell 51% of its Altera business to Silver Lake at a valuation of $8.75 billion.

Pat Gelsinger's leadership at Intel ended abruptly as the company's market position deteriorated, marked by significant strategic missteps and revenue plummeting. New CEO Lip-Bu Tan aims to ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on ...

For now, analysts expect Intel's revenue to grow at a compound annual growth rate (CAGR) of 4% from 2024 to 2027. And after ...

Former Intel (INTC) CEO Pat Gelsinger spent a good chunk of 2023 and 2024 not only trying to transform the semiconductor icon but also seeking to get his fair share of the CHIPS and Science Act ...