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Intel, Amazon
Intel Is Turning Its Foundry Business Into a Subsidiary. Time to Buy?
Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, giving it its own operating board and the ability to raise capital separately. Additionally, the aforementioned deal with AWS could help make Intel's foundry business a top company in its industry.
Intel is separating its ailing foundry business from the main company
Intel is turning its foundry business, which manufactures chips for other companies, into an independent subsidiary. The company has revealed its plan in a note to employees from its CEO Pat Gelsinger,
Why Intel’s latest move for its foundry business is so significant
Intel Corp.’s plans to create an independent subsidiary for its foundry business was a much-needed move aimed at convincing potential customers that they can trust their chip designs with a competitor’s manufacturing arm.
Qualcomm Approached Intel About a Takeover
Qualcomm is reportedly eyeing a takeover of Intel
Qualcomm has reportedly expressed an interest in taking over Intel “in recent days,” according to a new report in The Wall Street Journal.
Qualcomm approached Intel about a takeover in recent days, WSJ reports
Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel's shares closed up 3.3%, while Qualcomm was down 2.
Intel’s stock seals strong week. But would a Qualcomm merger make sense?
One fund manager sees “more cons than pros” if the companies were to combine, after the Wall Street Journal reported that Qualcomm approached Intel about a possible deal.
21h
Down More Than 50%, Can Intel Stock Rebound on New Foundry Plans?
The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs.
8h
Intel And Qualcomm: A Solid Merger Match
Intel Corporation shares rise on reports of Qualcomm Incorporated takeover interest due to Intel's issues & restructuring.
Morningstar
4d
Why Intel's latest move for its foundry business is so significant
The chip maker is creating an independent subsidiary for its manufacturing
business
to reassure customers
Intel
Corp.'s plans to create an independent subsidiary for its
foundry
business
was a ...
2d
Intel's Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson?
The Intel bulls have been a bit desperate for some good news to counter all the negativity for some time now. They recently ...
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