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TechRadar
Craig Hale

Intel has sold its stake in Arm — what could this mean for future releases?

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Intel has divested its 1.18 million-share stake in British chip firm Arm, according to a regulatory filing, as it looks to recover some momentum.

The sale, which likely netted Intel around $147 million based on the average price of Arm’s stock in the second quarter of 2024, follows a troubling period for the chipmaker which is undergoing significant restructuring and cost-cutting measures.

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