Intel to spin off venture capital arm as chipmaker tries to cut costs
Intel’s interim co-chief executive, David Zinsner, said spinning off its venture arm was a “win-win scenario as it provides the fund with access to new sources of capital to expand its franchise while allowing both companies to continue benefiting from a productive long-term strategic partnership”.
There is very hopeful news on the horizon, however. A recent interview between French outlet Frandroid and Valve designer ...
Intel says it ultimately eliminated 16,500 jobs across the company through last year’s restructuring – 1,500 more jobs than it forecast. Intel reduced its global workforce by about 15%, which means it ...
The spin-off of FPGA specialist Altera has now been completed, according to its own X article. According to rumors, a sale to ...
Intel faces challenges but finds success in the low-end GPU market. See why INTC stock may improve with the right vision and ...
Binary code displayed on a laptop screen and Intel logo displayed on a phone screen are seen in this ... [+] illustration ...
Intel said that the performance improvements between an unpatched Arrow Lake system and the latest updates could be ...
Struggling chipmaker Intel is taking another step in its efforts to retool itself as it said it’s going to spin out its ...
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