WendyOneP
04-16

$Intel(INTC)$

Intel's sale of a majority stake in Altera to Silver Lake is a calculated move to sharpen its focus on core businesses and improve financial health. By retaining a 49% stake, Intel can still benefit from Altera's growth, especially as the FPGA market expands in areas like AI and edge computing. The appointment of Raghib Hussain, formerly of Marvell, as Altera's CEO, brings experienced leadership to drive innovation and competitiveness.

Intel Beats Sales! Above $40, Smooth Sailing Ahead?
Intel reported better-than-expected third-quarter sales, signaling that demand for its core x86 processors for PCs has recovered.Revenue: $13.65 billion versus $13.14 billion estimated EPS: 23 cents, adjusted, not comparable to analyst estimates The report is Intel’s first since the U.S. government became the company’s top shareholder in August with a 10% stake.
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Comments

  • Venus Reade
    04-19
    Venus Reade
    My plan was to stop buying until the orang tariffs are settled. But when the price got below $19.00, I had to buy a little more. That's it for awhile though.
  • Enid Bertha
    04-19
    Enid Bertha
    This year, Intel will be the first to reach mass production with next-gen chip technologies – Ribbon FET and backside power – as part of our 18A tech, signifying Intel’s leadership in process technology
  • EVBullMusketeer
    04-16
    EVBullMusketeer
    Thanks for sharing.
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