Catenaa, Friday, April 25, 2025- Intel Corporation posted a revenue of $12.7 billion, flat year-over-year in the first quarter, and offers a gloomy outlook for the next quarter with reduced revenue expectation. Intel on Thursday said that its first quarter earnings per share was recorded at $0.13 beating market estimate of $0.12. The chipmaker forecasts […]
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 […]