Intel Corp

INTC: XNAS (USA)

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Intel: Making Progress, but We're Underwhelmed With the Cash Received for Altera

Brian Colello

Apr 14, 2025

Intel entered into a definitive agreement to sell 51% of its business in Altera to Silver Lake, which values the total business at $8.75 billion. The deal raises cash for Intel, which will likely be poured into its chip manufacturing (foundry) efforts. Intel paid $16.7 billion for Altera in 2015.

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Intel Corp

Intel: Making Progress, but We're Underwhelmed With the Cash Received for Altera

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