Intel (INTC) Sells Majority Stake in Altera: Strategic Shift Und

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Intel (INTC) Sells Majority Stake in Altera: Strategic Shift Und

Intel (INTC, Financial) has made a strategic move by agreeing to sell a 51% stake in its Altera division to Silver Lake. The transaction values Altera at $8.75 billion. This decision aligns with Intel CEO Lip Bu Tan’s strategy to realign the…

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https://www.gurufocus.com/news/2777607/intel-intc-sells-majority-stake-in-altera-strategic-shift-underway-intc-stock-news

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