2025-04-14
Intel is selling off its majority share in chip-maker Altera as part of its new CEO's first steps toward stabilizing the company. The 51 percent stake sold today for $4.46 billion in a deal that is expected to close in the second half of this year. "Today's announcement reflects our commitment to sharpening our focus, lowering our expense structure and strengthening our balance sheet," CEO Lip-Bu Tan said of the sale.
Altera makes field programmable gate array chips, which are often used to power retro gaming hardware such as the Discover Copy
2025-04-23
Intel is reportedly preparing to further reduce its headcount, this time by laying off more than 20 percent of its employees. It could announce a plan to do so as soon as this week. The struggling com [...]
2025-02-28
Intel announced that it's further delaying plans to open two chip fabrication facilities in Ohio, pushing their completion out to 2030. The company originally announced its plans for Ohio in 2022 [...]
2025-05-22
It might surprise you, but Memorial Day can be a great time to shop for tech. In years past, we've seen solid Memorial Day sales on all manner of gadgets including many of our favorite tablets, h [...]
2025-04-25
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs. It was reported this week that the company could lay off around 20 percent [...]
2025-05-20
It might surprise you, but Memorial Day can be a great time to shop for tech. In years past, we've seen solid Memorial Day deals on all manner of gadgets including many of our favorite tablets, h [...]
2025-05-24
It might surprise you, but Memorial Day can be a great time to shop for tech. In years past, we've seen solid Memorial Day sales on all manner of gadgets including many of our favorite tablets, h [...]
2025-05-26
It might surprise you, but Memorial Day can be a great time to shop for tech. In years past, we've seen solid Memorial Day sales on all manner of gadgets including many of our favorite tablets, h [...]