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Intel Likely to Sell Altera, Halt $30 Billion German Plant, but Maintain Chip Manufacturing Business, According to Latest Insights Before a Crucial Board Meeting
Hardware

Intel Likely to Sell Altera, Halt $30 Billion German Plant, but Maintain Chip Manufacturing Business, According to Latest Insights Before a Crucial Board Meeting
By Andrej Kovacevic 01st Sep 2024
Intel Likely to Sell Altera, Halt $30 Billion German Plant, but Maintain Chip Manufacturing Business, According to Latest Insights Before a Crucial Board Meeting
Hardware
Hardware

Intel Likely to Sell Altera, Halt $30 Billion German Plant, but Maintain Chip Manufacturing Business, According to Latest Insights Before a Crucial Board Meeting

In recent quarters, following each major drop in stock prices, Intel investors have repeatedly asked the question: is this the bottom? Unfortunately, the answer has consistently been negative. Now, with Intel’s situation becoming increasingly dire—reflected in the company’s market capitalization falling below the psychologically important $100 billion mark—investors are once again placing their hopes on…

By Andrej Kovacevic 1st September 2024

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