According to TechNews, citing Benzinga, Intel has recently undertaken a series of bold cost-cutting measures, with early results beginning to show. The company announced the completion of a long-anticipated deal to sell a majority stake in its Altera business to Silver Lake. As a result, Intel now e...

According to San Francisco Chronicle, Altera—the programmable chipmaker recently spun off from Intel—plans to cut about 82 jobs at its San Jose headquarters, based on a Worker Adjustment and Retraining Notification (WARN) filed with the state of California. The job cuts at Altera were announc...

Intel CEO Lip-Bu Tan previously stated that, in order to achieve a successful turnaround, the company must divest its non-core assets—and now, the first step has been taken. According to Liberty Times, citing Reuters, Intel announced on Monday (April 14) that it will sell a 51% stake in its subsid...

While speculation swirls about Intel splitting and selling to tech giants like TSMC and Broadcom, its FPGA unit appears closer to a sale. According to Bloomberg, Silver Lake Management is in exclusive negotiations to acquire a majority stake in Altera. As Bloomberg noted earlier, private equity f...

While rumors have been circulating that Intel is seeking to sell at least a minority stake in Altera, one of its FPGA (Field Programmable Gate Array) peers seems to be interested in the unit. Lattice is reportedly exploring a potential bid to acquire Intel's Altera unit in its entirety, according to...