MGX's Altera Deal: Shaping the Future of AI Chips
Update: 2025-09-16
Description
AI investment firm MGX joins forces with Silver Lake to seize control of Altera, a programmable chip giant, from Intel in a landmark deal. While the exact investment size remains undisclosed, MGX's involvement signals a major push to propel Altera into a global AI leader, sparking innovation and intensifying competition in the race for next-gen computing.
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