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Arabian Gulf Business Insight on MSN
MGX in group buying majority stake in Intel’s Altera
Emirati state-backed technology investor MGX has joined a Silver Lake-led group in buying a 51 percent stake in US chipmaker Altera. Intel Corporation will retain the remaining 49 percent stake, MGX ...
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 ...
Emirates News Agency on MSN
MGX joins Silver Lake in Altera acquisition
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, ...
Estée Lauder (NYSE:EL): Beauty products company Estée Lauder (NYSE:EL) rose by 3.5% on Monday after an analyst at Evercore ...
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 shares jumped about 5% on Monday after the company sold a majority stake in its Altera chip division and lowered its ...
Intel has completed its sale of a majority stake in Altera.
AsianFin -- Intel Corp. is undergoing a major leadership transition in its Chinese operations as Wang Rui, Senior Vice President and Chairwoman of Intel China, prepares to retire later this month, six ...
Intel trimmed its full-year 2025 adjusted operating expense target from $17 billion to $16.8 billion after selling off part ...
Intel shares advanced Monday when the struggling semiconductor manufacturer announced that it was lowering its outlook for ...
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