Intel shares advanced Monday when the struggling semiconductor manufacturer announced that it was lowering its outlook for ...

Intel Corp. has completed the sale of a controlling stake in its Altera programmable chip unit to private equity firm Silver ...

Intel announced the closing of its sale of 51% of Altera to Silver Lake today. As a result, Intel lowered its operating expense outlook for the year. The removal of the struggling unit from the ...

Altera CEO Raghib Hussain told CRN that he sees “huge opportunity” to take FPGA share from AMD after Intel completed its ...

Intel's shares saw a rise after the company revised its cost forecast. This follows the sale of a majority stake in Altera to ...

Intel has lowered its full-year adjusted operating expense target to $16.8 billion from $17 billion. The revision results ...

Intel said on Monday it has lowered its full-year 2025 adjusted operating expense target to $16.8 billion, from $17 billion ...

Intel put the final nail in its Network and Edge Group (NEX)’s coffin last week, with news that what’s left of the dismantled business unit looks set to be spun off. The embattled chipmaker’s Edge ...

Intel has spun off its programmable solutions group as a standalone FPGA company, selling a majority stake in the company to a private equity firm. Intel is taking a fairly hefty loss on this deal. It ...

Intel has decided to transfer its majority stake in Altera to Silver Lake for $4.46 billion in order to overcome its financial difficulties and to downsize its operations. This move is considered as ...