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

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

On Monday, Intel (NASDAQ:INTC) announced it was selling a 51% stake in its Altera programmable chip business to private equity firm Salt Lake for around $4.5B, its first major deal since Lip-Bu ...

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% ...

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

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.

Intel announced April 14 that it was selling the majority of its Altera chip business to technology investor Silver Lake in a deal valued at $8.75 billion. Silver Lake will own 51 percent of ...

Intel acquired Altera for $16.7 billion in 2015, integrating the FPGA business into its operations under the name Programmable Solutions Group. In 2023, Intel announced plans to spin off the unit ...

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 ...

The financial separation between Intel and Altera – why don’t we just call it Altera, people – starts with the Q1 2024 financials. By the way, Altera will keep its foundry relationship with Intel ...

Intel has agreed to shell out a whopping $16.7 billion to acquire Altera, a company that makes something Intel lacks: FPGAs (field-programmable gate arrays), which are reprogrammable chips.