Intel is planning to spin off its engine Networking and Edge Group as part of an ongoing company-wide effort to boost ...

Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...

Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...

Gross margin remains under pressure, falling by 790 basis points from 35.4% to 27.5%, while adjusted gross margins fell 900 ...

The decision to spin off the networking unit should come as little surprise. Intel’s new CEO Lip-Bu Tan, who took over the business from previous CEO Patrick Gelsinger in March, had reportedly been ...

Intel is keeping a 49% stake in Altera, meaning that it will benefit from any upside if Altera manages to turn things around. With a minority stake, Intel won't be involved in day-to-day operations.

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

Altera, acquired by Intel for $16.7 billion in 2015, makes field-programmable gate arrays, which are semiconductors that can be reprogrammed on the fly to make them more efficient at specific ...

Monday's deal values Altera at just $8.75 billion compared to the nearly $17 billion Intel paid in 2015, but the sale will provide the company much-needed cash after hefty bets on contract ...

Intel said its new silicon is meant to enable AI capabilities such as visual computing, media processing and business intelligence at the edge, while Altera’s FPGAs are designed for much broader ...

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% ...