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The Latest Breaking News from Altera

What Is Going On With Intel Stock On Tuesday?

President Donald Trump's administration plans to take a stake in Intel Corp (NASDAQ:INTC) to help the key U.S. chipmaker unlock value. The administration aims to replicate the public-private model that fueled Taiwan Semiconductor Manufacturing Co's (NYSE:TSM) success.

Benzinga

Intel Wraps Up Altera Stake Sale In Bid To Streamline Business

Intel Corp. (NASDAQ:INTC) shares rose on Monday after the company announced the completion of a long-anticipated deal to sell a majority stake in its Altera business to Silver Lake. The transaction, originally signed on April 14, 2025, closed on September 12 after meeting all conditions.

Benzinga

Intel spinoff Altera faces lay offs — 82 staff let go after Intel sold majority stake for $4.46 billion earlier this year

FPGA developer Altera will cut 82 San Jose jobs in October 2025 as part of a strategic shift following its sale by Intel and a strategic realignment under new leadership.

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Intel spins off Network and Edge computing groups in latest major company change

CEO Lip-Bu Tan wants to spin off Intel's Network and Edge Group to boost profitability.

TechRadar

Intel spins off Network and Edge group as standalone business after posting $2.9b loss — seeking investors for NEX division amid massive internal restructuring

Intel will spin off its Network and Edge Group (NEX) into a standalone company, seeking external investors while keeping a minority stake. The move follows Intel’s $2.9B quarterly loss, a 15% workforce cut, and warnings that its 14A node could be canceled without a major external partner.

Tom’s Hardware

Should You Buy, Sell, or Hold Intel Stock Before April 24?

Intel could see a modest boost in demand in Q1 thanks to customers stockpiling chips ahead of potential U.S. tariffs and export restrictions.

Barchart

Strategic Reset Begins: Intel Sells Controlling Stake in Altera

Intel divests its Altera majority stake to Silver Lake, focusing resources on core priorities and its ambitious foundry expansion.

MarketBeat

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Is Intel Stock a Buy, Sell, or Hold on Altera Stake Sale?

Intel is offloading a majority stake in Altera as new CEO Lip-Bu Tan lines up his first moves.

Barchart

Intel sells majority of its FPGA business to Silver Lake for just under $4.5 billion - here's what you need know

Intel sells 51% of its FPGA business to Silver Lake so it can focus on its core products.

TechRadar

Intel is selling its 51% stake in Altera, for presumably a few billion, to private firm with over $104 billion in investments

The Silver Lake investment firm portfolio companies deliver $252 billion of revenue annually.

PC Gamer

Intel sells 51% of Altera FPGA business to Silver Lake for $4.46 billion

Intel is selling a 51% stake in Altera to Silver Lake for $4.46 billion as part of a strategy to streamline operations and focus on core products.

Tom’s Hardware

Nvidia Announces Plans For U.S.-Made AI Supercomputers

Nvidia announced plans to make artificial intelligence supercomputers in the U.S. with its partners. Nvidia stock was little changed on Monday.

Investors Business Daily

Intel agrees to $4.46 billion sale of majority stake in Altera to Silver Lake — "Sharpening our focus, lowering our expense structure"

Intel's CEO calls it a "commitment to sharpening our focus" as the company continues its revitalization efforts in the United States.

Windows Central

Intel’s Breakup Buzz: Is Now the Time to Buy INTC Stock?

A well-structured split could unlock significant value, giving Intel stock a much-needed boost.

Barchart

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Tom’s Hardware

Altera officially announces independence from Intel — the company strives to expand FPGA portfolio

Altera raises its flag in front of its office in San Jose.

Fortune

Three chip leaders on what drives them to compete against $3 trillion Nvidia — and where the opportunity is

AMD, Cerebras Systems, and Altera executives explain the importance of competition in the chips world at Fortune’s Brainstorm AI in San Francisco on Tuesday.

Barchart

Intel Stock Price 2025 Prediction: Should You Check In after Gelsinger Checks Out?

Intel has lost over half of its market capitalization this year and is trading near multi-year lows. While the company has fired its CEO Pat Gelsinger, leadership change won't pull out Intel of its deep slump.

TechRadar

AI characters find religion in Minecraft

AI agents build a realistic world in Minecraft

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Tom’s Hardware

AI created a Minecraft AI village with up to 1,000 inhabitants — Project Sid sees AI bots implement a taxation system and spread Pastafarianism religion

Experimentation with AI LLM models run on bots playing Minecraft together sees a dynamic imitation of human behavior at scale.

International Business Times

Intel Considers Selling Minority Stake In Altera Amid Financial Struggles: Report

Intel is reportedly targeting a valuation of $17 billion for Altera, a slight increase from the $16.7 billion it paid for the company nine years ago.

Tom’s Hardware

Intel outlines a plan to get back in the game: Pause fab projects in Europe, make the foundry unit an independent subsidiary, and streamline the x86 portfolio

Intel reviews its projects and product plans as part of the turnaround plan introduced in August.

Tom’s Hardware

Qualcomm reportedly explores buying portions of Intel's PC client business

Qualcomm explores ways to diversify its business into the PC space, eyes Intel's client PC unit.

Windows Central

Intel's missed AI opportunity might prompt it to pump the brakes on its $32 billion Magdeburg project and sell Altera to keep the lights on

Intel is slated to present a new plan to the board of directors, including a new expenditure roadmap with significant budget cuts.

Investors Business Daily

Marvell Seen As Possible Buyer Of Intel's Altera Unit

Marvell Technology is a likely bidder for Intel's Altera unit should Intel decide to sell the programmable chip business.

Tom’s Hardware

Intel CEO will reportedly present plans to cut assets at an emergency board meeting — chipmaker may put $32B Magdeburg plant on hold and sell off Altera

Intel CEO Pat Gelsinger is expected to meet with the board of executives this month to share potential plans on what to cut from Intel to turn around the company. Intel's Foundry wing will not be on the chopping block, but Intel's in-progress Magdeburg fab will likely be canceled.

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