At a recent Intel conference, Tan made no mention of breaking up the company, and said that Intel will launch new products like custom semiconductors.

Intel's CEO, Tan Lip-bu, has announced plans to spin off nonessential assets and develop new products to better serve customers.

While Altera accounted for only a fraction of that, with an operating loss of $615 million in 2024 on revenues of $1.54 ...

Intel's new CEO Lip-Bu Tan wasted no time laying out his plans for the semiconductor giant. Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off ...

Intel CEO Lip-Bu Tan discusses the company’s future at its Vision conference Spinning off non-core assets and adding more engineers are a priority Tan wants to listen to customers, but “it won’t ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on ...

Intel Corp. is nearing an agreement to sell a stake in its programmable chips unit to Silver Lake Management, as the ...

The companies announced the deal today. The transaction values Altera at $8.75 billion, just under half what Intel paid to ...

Intel Corp (NASDAQ:INTC) announced plans to sell 51% of its Altera business to Silver Lake at a valuation of $8.75 billion.

In his first public appearance as Intel Corp.’s new chief executive, Lip-Bu Tan on Monday asked the chip giant’s customers to ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, as the struggling US company begins to spin off non-central businesses and assets.Most Read ...