DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Intel's $3.3B Altera Sale: A Financial Game Changer
Intel's $3.3B Altera Sale: A Financial Game Changer

Intel's $3.3B Altera Sale: A Financial Game Changer

Update: 2025-09-15
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Intel's stock price surged after announcing the sale of a majority stake in Altera to Silver Lake for $3.3 billion. This move allows Intel to significantly lower its operating expense forecast for 2025, signaling a strategic shift towards financial efficiency and boosting investor confidence, with shares up over 25% this year.

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Intel's $3.3B Altera Sale: A Financial Game Changer

Intel's $3.3B Altera Sale: A Financial Game Changer