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's restructuring aims to restore profitability with cost cuts, divestitures, and a core business focus. Click here to ...

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

Ericsson is in talks with Intel to invest in its networking infrastructure business, a move that would give it a minority ...

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% ...

Chipzilla hopes it can pull an Altera with its NEX division, and is now looking for buyers Intel isn't just laying off ...

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 ...

Intel purchased Altera for $16.7 billion in 2015. Following a steep drop in its stock price and extended stretch of market share losses, Intel has been looking to make drastic changes.

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 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.