Intel has considered when and how to exit its NEX group and engaged third parties who may be interested in a deal, one of the sources familiar with the matter said.

Intel is considering selling its Network and Edge (NEX) businesses as new CEO Lip-Bu Tan refocuses the company on core strengths in PC and data centre chips. The NEX unit, which generated $5.8 billion ...

[TAIPEI/SAN FRANCISCO] Intel is poised to announce plans this week to cut more than 20 per cent of ... TSMC CEO C C Wei said last week that the company would remain focused on its own business. Along ...

NEW YORK: Intel Corp is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of ...

TAIPEI – Intel is poised to announce plans this week to cut more than 20 per cent of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge ...

For years, semiconductor giant Intel (NASDAQ: INTC) has been exiting lines of business that don't fit with its overall strategy. Under former CEO Pat Gelsinger, Intel sold off its NAND and SSD ...

These moves underscore a strategic focus on core business areas such as PC ... indicating a need for Intel to execute its strategic plans effectively to achieve consensus price targets.

Intel is poised to announce plans this week to cut more than 20 per ... the site from any cutbacks focused on other areas of the business. Mr Lawless said that the media reports suggested the ...

Earlier this month, Intel sold 51% of its Altera semiconductor business to private equity firm Silver Lake. Intel didn't immediately respond to a request for comment.

Intel CEO Lip-Bu Tan plans to cut 20% of the company's workforce, according to a report by Bloomberg Tuesday. TSMC issues definitive statement on Intel JV report Intel sells business unit at steep ...

But that would be a financially and logistically difficult proposition and Tan has given no indication he plans to pursue it. Both sides of Intel’s business have strong potential but need ...