Intel's $3.3B Altera Sale: A Financial Game Changer
Update: 2025-09-15
Description
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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