Intel: On the Road to a Breakup?
Intel announced the separation and future IPO of its FPGA unit last week. The company has already made several spinoff/divestitures under CEO Pat Gelsinger.
Largest Intel Failure in Israel Military's History: Middle East Forum
"This was the largest operational and intelligence failure in the history of the Israeli military and Israeli government." Gregg Roman, director of the Middle East Forum think tank, talks about the...
Intel Plans IPO for Its Biggest Acquisition
Intel acquired FPGA designer Altera in 2015 for $16.7 billion with designs on expanding its presence in the data center. The company is now separating out its Programmable Solutions Group, and it p...
Intel to Unlock Value By Spinning Off Programmable Chip Unit
Intel Corp. NASDAQ: INTC shares moved up 0.67% in trading volume slightly higher than average after the company said it would begin reporting its programmable chip unit as a standalone business on ...
Where Will Intel Be in 3 Years?
Intel is investing $50 billion in new and upgraded chip manufacturing facilities in the U.S., and more than 80 billion euros in facilities in Europe. Macroeconomic factors and the COVID-19 crisis h...
Intel charts a bold course spinning out PSD for major market play in FPGA technology
Intel Corporation (NASDAQ:INTC) revealed its plans to spin out its Programmable Services Division, which could help the company tap into a multibillion-dollar market opportunity. Starting January 1...
What Intel Stock Investors Should Know About Its Latest Spinoff and Future IPO Plans
Intel announced that its PSG business will act as a stand-alone unit, potentially unlocking more value for its shareholders.
INTC Stock Alert: What to Know as Intel Preps to Spin Off Programmable Chip Unit
Intel (NASDAQ: INTC ) is trending today on news of a planned spinoff. The multinational tech conglomerate has announced that its programmable chip business, Programmable Solutions Group (PSG), will...
Intel Stock Reveals Plans to Spin Off Chip Unit
Intel Corporation (NASDAQ:INTC ) announced plans earlier to operate its programmable chip unit as its own business, noting an initial public offering (IPO) should happen within the next few years.
Intel Shares Rise After Announcing Plans to Take Its Programmable Chip Unit Public
Intel (INTC) shares rose in early trading on Wednesday after announcing plans to operate its programmable chip unit as a separate business from January, with the intention of spinning it out throug...
Intel Stock Is Rising. How Its New Spinoff Could Help It Beat Nvidia.
Intel is preparing an initial public offering of its Programmable Solutions Group. It could be a multibillion-dollar boost for the chip maker.
Intel shares rise on plans to spin off programmable chip business
Intel Corporation (NASDAQ:INTC) announced plans to spin out its programmable chip division as a standalone business starting in January and ultimately hold an initial public offering within three y...
Intel's Programmable Solutions Group to operate as a standalone business
Intel (INTC) announced that its Programmable Solutions Group will operate as a standalone business starting on January 1, 2024. The company says it will look to explore an IPO for the business and ...
Intel plans to IPO programmable chip unit within three years; stock rises after hours
Intel said it will continue to support its programmable chip business and will retain a majority stake after a spinout
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