Focused asset sales and Trump tariffs on imported semiconductors could significantly impact Intel's valuation and future profitability. A foundry asset partnership, with ownership stakes sold to the top chip names in America could net $15-20 billion for Intel, while still keeping a substantial position. Intel's majority ownership in Mobileye, Altera and other assets could raise an extra $15+ bi...
Intel (INTC 2.91%) announced on Monday that it had agreed to sell a 51% stake in Altera, the FPGA specialist it acquired in 2015, to investment firm Silver Lake. While Intel will retain a 49% stake in the company, it will relinquish operational control as Altera becomes an independent, pure-play FPGA provider.
I reiterate my buy opinion on Intel, despite recent market and tariff turbulence, with the stock outperforming the S&P 500 and potential JV with TSMC as a catalyst. INTC's strong core business, economic nationalism trends, and new CEO Lip-bu Tan's aligned incentives support a potential turnaround and undervaluation. INTC's valuation is rock bottom, with its CPU business alone justifying a highe...
One of the first big moves by Intel Corp.'s new chief executive, Lip-Bu Tan, shows he's moving quickly to monetize some of the chip giant's nonessential assets.
Shares of Intel (INTC) surged Monday morning after the chipmaker said it agreed to sell 51% of its programmable chip business Altera to private equity firm Silver Lake.
Intel Corp (NASDAQ:INTC, ETR:INL) shares moved higher in early trade on Monday after the company announced the sale of a 51% stake in its programmable chip unit Altera to private equity firm Silver Lake, valuing Altera at $8.75 billion. Intel will retain a 49% stake in Altera, allowing it to benefit from future growth while establishing Altera as an independent entity specializing in FPGA (fiel...
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