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ALTERA STAKE SALE
Washington Post fires columnist Karen Attiah over social media posts about Charlie Kirk & Colorado school shootingKaren Attiah, a former Washington Post columnist, alleges she was fired for her social media posts criticizing U.S. political violence and ...- Intel trims full-year expense outlook following Altera stake saleShares of the struggling chipmaker rose nearly 4% as the trimmed projected expenses provided investors with some respite after burgeoning c...
- Intel stock surges 5% after big cost-cutting move and Altera stake saleINTC stock today: Intel's shares saw a rise after the company revised its cost forecast. This follows the sale of a majority stake in Alter...
- Is Intel collapsing under CEO Lip-Bu Tan? What went wrong with one of Silicon Valley's most iconic companiesIntel, once a shining tech giant of Silicon Valley, is slowly losing the AI-chip battle against Taiwanese rival TSMC and Nvidia. Now, Presi...
- Intel to separate networking unit as new CEO Tan overhauls businessTan's plan to rejuvenate the once-iconic chipmaker focuses on shedding non-core assets and reducing expenses by scaling back major investme...
- Intel Earnings: Chipmaker to cut jobs as Q3 loss forecast deepensIntel plans to reduce its workforce to 75,000 by year-end, a significant decrease from 99,500 in 2024, causing shares to jump despite a pro...
- Intel's chip contracting plan in spotlight on earnings dayIntel faces declining sales and losses. Investors are eager to learn about CEO Lip Bu-Tan's strategy for contract manufacturing. He is shif...
- Intel explores sale of networking and edge unit: SourcesIntel is considering selling its Network and Edge (NEX) businesses as new CEO Lip-Bu Tan refocuses the company on core strengths in PC and ...
- Intel has limited customer commitments for latest chip manufacturing tech, CFO saysCommitted volumes, or the amount of external customers' chips set to be produced by Intel using upcoming manufacturing tech, is presently n...
- Intel has limited customer commitments for latest chip manufacturing tech, CFO saysIntel’s committed chip production volume for external customers using its new manufacturing tech remains low, CFO David Zinsner said. While...
- Intel to sell majority stake in Altera for $4.46 billion to fund revival effortIntel will sell a 51% stake in its Altera programmable chip business to Silver Lake for $4.46 billion. This move, under new CEO Lip-Bu Tan,...
- Intel CEO Pat Gelsinger to pitch board on plans to shed assets, cut costsIntel's CEO Pat Gelsinger is set to present a plan to the board to cut costs and revamp capital spending. This includes selling businesses ...
- Recession takes toll on CEO pay in 2008An Associated Press analysis shows the median pay package for CEOs of companies in the Standard & Poor's 500 index fell 7 percent to $7.6 m...
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