The Latest Breaking News from Altera

Intel's Ohio Lifeline? Why the SK Hynix Talks Matter

SK hynix and Intel are in early, unfinalized talks over U.S. memory chip production at Intel's Ohio site, a deal that boosted both stocks but lacks signed terms.

MarketBeat · Sep 18

Altera returns to growth as AI, robotics fuel demand, CEO says

Altera, a chip maker spun from Intel, is experiencing significant annual growth. The company anticipates strong performance driven by artificial intelligence and robotics applications. Altera is also preparing for a potential public listing in the near future. They have reduced reliance on Intel and are using advanced memory technology. This…

The Economic Times · Jul 11

Intel stock jumps 28%, setting a record, after it posts strong Q1 with rising forecasts — Intel says yields are improving faster than expected with new nodes

Demand for Intel's products exceed expectations and supply, but Intel is still bleeding money.

Tom’s Hardware · Apr 24

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 · Sep 16, 2025

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 · Sep 15, 2025

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.

Tom’s Hardware · Aug 14, 2025

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 · Jul 28, 2025

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 · Jul 27, 2025

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 · Apr 22, 2025

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 · Apr 18, 2025