While the sale provides immediate capital, Intel's decision to divest a majority stake in Altera raises questions about its long-term strategy. Altera's 2024 performance, with $1.54 billion in revenue and $35 million in adjusted operating income, indicates potential that Intel might be relinquishing too soon. Additionally, the sale price reflects a significant devaluation from the $16.7 billion Intel paid in 2015, suggesting a possible misstep in maximizing asset value.
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- AaronJe·04-16Interesting decisionLikeReport
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- tiger_cc·04-16Thanks for sharing.LikeReport