Catenaa, Monday, September 15, 2025- Intel said on Monday it has lowered its full-year 2025 adjusted operating expense target to $16.8 billion, from $17 billion earlier, to reflect the deconsolidation of its programmable chip business, Altera. The struggling chipmaker agreed in April to sell a 51% stake in Altera to private equity firm Silver Lake, […]

Catenaa, Monday, April 14, 2025– Intel has agreed to sell a 51% stake of Altera programmable chip to Silver Lake for $4.46 billion, to cover losses by selling non-central businesses and assets. The deal, announced on Monday, values Altera at $8.75 billion, a sharp decline from the $17 billion Intel paid in 2015. Intel will […]