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Semiconductor giant Intel (NASDAQ: INTC) is undergoing a tumultuous time in its storied history. Despite competitors such as ...
Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, ...
Intel was once the undisputed king of chips. But after missing smartphones, GPUs, and AI… its empire has crumbled. In this ...
Intel's executive team had previously included many business unit leaders, with technical leaders often layers below the CEO.
Intel CEO Lip-Bu Tan has appointed a new chief of its AI wing, his first move as he restructures the company's leadership.
Tariff talk has hurt shares of rival chip maker Nvidia, but Intel stock has barely moved. The company is refocusing its board ...
Intel to divest 51% stake in Altera for $4.46 billion to Silver Lake amid cost cuts, stock down 17% in one month ...
The sale will provide Intel a cash boost as the chip maker aggressively cuts costs to bolster its balance sheet, while it ...
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 ...
Beleaguered chip maker Intel has been looking for ways to capitalize on non-core, not large, but profitable parts of its ...
IntelIntel announced on Monday that it agreed to sell its majority stake in Altera for almost $4.5 billion, sending its shares up as much as six and a half percent.:: IntelIt's the first major move ...
Intel is selling off its majority share in chip-maker Altera as part of its new CEO's first steps toward stabilizing the ...