Sandra Rivera emphasized that Intel has always planned to sell a stake in Altera rather than fully divesting from it, to take the company public by 2026.

According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent ...

(Reuters) -Intel and Amazon's AWS said on Monday they would expand their collaboration, including a co-investment in custom ...

Additionally, Intel plans on selling part of its stake in Altera, the programmable chip company it acquired in 2015. It will also cut around two-thirds of its global real estate footprint.

Intel's programmable chip division Altera, which it acquired for $16.7 billion in 2015, is reportedly among the assets that may be put up for sale. The harsh reality is that Intel can no longer ...

The struggling chipmaker also looks to divest a partial stake in the programmable chip unit Altera. Also Read: Intel Missed Out on PlayStation 6 Chip Deal to AMD: Report Intel is also exploring ...

This includes potentially selling the programmable chip unit Altera. Qualcomm, with a market value of $184bn and known for its smartphone chips, has been contemplating the acquisition for several ...

The Hillsboro-based business makes programmable chips used in a variety of consumer, industrial and telecommunications products. It reported sales of $737 million last year, and profits of $259 ...