Intel (NASDAQ: INTC) announced on Monday that it had agreed to sell a 51% stake in Altera, the FPGA specialist it acquired in 2015, to investment firm Silver Lake. While Intel will retain a 49% stake ...

Intel Corp. and its subsidiary Altera today unveiled a range of new processors and field-programmable gate arrays or FPGAs designed to extend artificial intelligence capabilities to the network edge.

Intel Corporation (NASDAQ: INTC) initiated a significant portfolio reshaping with the announcement on Apr. 14, 2025, that it has entered into a definitive agreement to sell a 51% controlling interest ...

SANTA CLARA, Calif. & SAN JOSE, Calif. & MENLO PARK, Calif.--(BUSINESS WIRE)--Intel Corporation today announced that it has entered into a definitive agreement to sell 51% of its Altera business to ...

SANTA CLARA, Calif.; SAN JOSE and MENLO PARK, Calif., April 14, 2025 – Intel Corporation today announced that it has entered into a definitive agreement to sell 51 percent of its Altera business to ...

JP Morgan analyst Harlan Sur reiterated an Underweight rating on Intel Corp (NASDAQ:INTC) on Tuesday, setting a price forecast of $23. On Monday, before the market opened, Intel announced a 51% stake ...

Beleaguered chip maker Intel has been looking for ways to capitalize on non-core, not large, but profitable parts of its business to raise funds for its ambitious plans to revitalize Intel Foundry and ...

Shannon Poulin, the COO of Intel programmable chip business Altera, says he has retired from the company as Intel seeks to sell a stake in the independent subsidiary ahead of a planned initial public ...

Through this transaction, the buyer, private equity firm Silver Lake, a global technology investor, sets Altera's total enterprise value at $8.75 billion. This move represents one of the first major ...