Shares of Intel surged Monday after the chipmaker said it agreed to sell 51% of its programmable chip business Altera to tech ...

Intel on Monday announced that it has entered into a definitive agreement to sell 51% of its Altera semiconductor business to ...

Intel faces significant challenges, including declining sales, increased debt, and fierce competition, despite cost-cutting ...

And only two weeks after taking the helm of Intel, new chief executive officer Lip-Bu Tan is not wasting a lot of time getting things done. To that end, Tan has engineered the sales of a 51 percent ...

Sale of 51% stake to Silver Lake to accelerate Altera’s independence and leadership in programmable semiconductor solutions. Advances Intel’s strategy to focus on its core business and ...

Intel has agreed to sell 51 percent of FPGA chip company Altera to private equity firm Silver Lake for $8.75 billion. The chipmaker will retain a 49 percent stake in Altera, which Intel said will ...

Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on plans to start spinning off non-core assets. The transaction values ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Intel has agreed to sell its Altera chip unit to private equity group Silver Lake as the semiconductor ...

Intel (NASDAQ:INTC) is close to an agreement to sell a stake in its Altera programmable chip unit to Silver Lake Management. A sale of a stake in the Altera unit to the private equity shop may be ...

On Monday, Intel Corp (NASDAQ:INTC) announced plans to sell 51% of its Altera business to Silver Lake at a valuation of $8.75 billion. Intel will own the remaining 49% of the Altera business ...

Intel announced Monday that it was selling the majority of its Altera chip business to technology investor Silver Lake in a deal valued at $8.75 billion.