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Intel cuts back spending, workforce as struggling chip maker mounts comeback
Read full article: Intel cuts back spending, workforce as struggling chip maker mounts comebackIntel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes.
Intel sells majority stake in Altera to Silver Lake investors in a deal valued at $8.75 billion
Read full article: Intel sells majority stake in Altera to Silver Lake investors in a deal valued at $8.75 billionIntel announced Monday that it was selling the majority of its Altera chip business to technology investor Silver Lake in a deal valued at $8.75 billion.