Intel explores sale of networking and edge unit: Sources

Quick Summary:

Before the SilverLake sale, the company had been preparing to spin out Altera through a public offering under former CEO Pat Gelsinger, as it did with Mobileye in 2022.

In the year's first quarter, Intel moved the NEX financial results into its data centre and PC groups and now does not report the segment separately.

The discussions within Intel are at an early stage, and the company could decide to make other arrangements besides a sale for the NEX businesses.

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Category: EconomyBusiness

Markets: SingaporeTaiwan

Topics: Centre Intel Focus Unit Intel’s Data Businesses Sale Group Company Sources

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 16:11:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 610 words

Reading Time: 4 minutes read

Sentences: 23 lines

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