Intel jumped Monday after announcing a deal to sell a 51% stake in its Altera unit to private equity firm Silver Lake, as CEO Lip-Bu Tan takes his first tangible step at remaking the ailing American chip giant.
According to Bloomberg, which broke…
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https://sherwood.news/markets/intel-sells-stake-in-altera-at-about-half-the-valuation-it-bought-it-for-in/



