
Intel's not been doing amazingly well of late. That's not just when it comes to PC gaming either, which, after all, is a market that makes up only a small slice of Intel's pie. No, Intel's not been doing great overall, even judging by the raw numbers, which have seen the company's stock drop almost 60% so far this year. It's no surprise, then, that it's also selling a bunch of shares.
Intel has just sold all its 1.18 million stake in Arm Holdings (via Reuters). According to Reuters's calculations, this should have raised almost $150 million for the company ($146.7 million).