Intel (INTC) Sells Majority Stake in Altera Business for .5 Bi

Intel (INTC) Sells Majority Stake in Altera Business for $4.5 Bi

Key Highlights:

  • Intel offloads majority stake in Altera to Salt Lake for $4.5 billion, signaling a strategic pivot.
  • Analysts suggest a potential upside of 15.09% with an average price target of $22.83.
  • GuruFocus estimates indicate a GF Value…

Article Source
https://www.gurufocus.com/news/2781254/intel-intc-sells-majority-stake-in-altera-business-for-45-billion?r\u003d4bf001661e6fdd88d0cd7a5659ff9748\u0026mod\u003dnews_archive

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