MGX, the United Arab Emirates-backed fund, will join Silver Lake in purchasing a 51% stake in Altera, a programmable chip business spinning out of Intel, the fund said Tuesday. Altera is MGX’s first ...

MGX, a leading AI investment firm and strategic partner to Silver Lake, today announced that it has joined Silver Lake as a co-investor in the Silver Lake-led acquisition of a 51% stake in Altera.

Chip stocks rally on strong demand for data center chips and memory products, with top performers including ON Semiconductor, ...

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

US gov plans to take stake in Intel to boost value like Taiwan Semiconductor. Intel sold 51% of Altera to Silver Lake. Share ...

MGX, an Abu Dhabi artificial intelligence investment firm and partner of Silver Lake, said on Tuesday it has joined the ...

Intel has completed its sale of a majority stake in Altera.

Alphabet was the single strongest force lifting the S & P 500 after gaining 4.5%, which brought the total value for Google’s parent company above $3 trillion. Nvidia, Microsoft and Apple are the only ...

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 ...