Intel's new move to "save itself": selling its "future core" Altera stake for $17 billion.
The media reported that intel is looking for interested PE and strategic investors this week, may sell the majority of Altera shares. Intel acquired the programmable chip business Altera for $16.7 billion in 2015 and made it a subsidiary in February this year, seeking an IPO in 2026. Intel's CEO also said last month that Altera is a core part of the company's future.
Intel Options Spot-On: On October 18th, 247.11K Contracts Were Traded, With 4.89 Million Open Interest
On October 18th ET, $Intel(INTC.US)$ had active options trading, with a total trading volume of 247.11K options for the day, of which put options accounted for 30.93% of the total transactions, and
Unusual Options Activity: SN, AMCR and Others Attract Market Bets, SN V/OI Ratio Reaches 178.7
EST Oct 18th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
Sector Update: Tech Stocks Mixed in Afternoon Trading
Intel may sell stakes in business from its subsidiary Altera.
On Friday morning, Eastern Time, intel (INTC) stock price fell, with reports that the company is seeking significant external investment for its Altera programmable chip manufacturing subsidiary. On Thursday night, there were reports that intel is looking to sell a minority stake in the Altera subsidiary. intel values the company at around 17 billion US dollars. intel acquired Altera for 16.7 billion US dollars in 2015, and spun it off as an independent company in February of the same year, with plans to separate it through an initial public offering (IPO). intel did not immediately respond to media requests for comment.
Market Chatter: Intel Looks to Sell Stake in Altera
Intel plans to sell a minority stake in the programmable chip division Altera, raising tens of billions of dollars.
According to sources, intel is seeking to sell a minority stake in Altera's programmable chip division, this trade will raise billions of dollars in cash for the struggling chip manufacturer.
Are Intel (INTC) Shares Worth Another Look?
Intel Said to Look for Minority Partners in Programmable Chip Unit: Report
Intel Seeks Investor to Acquire Minority Stake in Altera to Raise Billions of Dollars, CNBC Reports
"Trump Trade" is restarting, what are the differences?
The new change of the "Trump trade" is that US technology stocks are more resilient, energy stocks are weaker, US bond yields are falling instead of rising, and gold is performing stronger. Ping An Securities believes that the current situation is still in a stalemate, and it is uncertain how far the "Trump trade" can go.
CNBC Daily Open: China Posts Better-than-expected Economic Data
Express News | Exclusive-Samsung Elec Delays Taking Deliveries of ASML High-End Chipmaking Equipment for Its Upcoming Texas Factory, Say Sources
taiwan semiconductor's 3nm is in high demand!
Yesterday, taiwan semiconductor delivered an excellent report card, driving the company's stock price to a new all-time high.
Both giants in the semiconductor industry, why did ASML plummet while taiwan semiconductor soared?
Behind the contrast between hot and cold in the chip industry lies internal differentiation. Analysis suggests that apart from Taiwan Semiconductor, ASML's customers, Intel and Samsung, are facing their own challenges, while the demand from Taiwan Semiconductor's customers such as Nvidia remains strong, making Taiwan Semiconductor's performance a better indicator of AI demand.
Express News | Intel is looking for investors for its subsidiary, Altera.
Express News | According to sources, intel is seeking investors for its subsidiary Altera, hoping that the other party can acquire (at least) tens of billions of minority shares. If any shareholding agreement is reached, Altera is expected to be valued at least $16.7 bi
Express News | Intel Seeks Billions for Minority Stake in Altera Business- CNBC
Intel Seeks Billions for Minority Stake in Altera Business, Sources Say
UBS Group: The soft start of the financial reporting season does not disrupt the growth story of AI. October is the most volatile month in the history of technology stocks.
US technology stocks are currently experiencing the most volatile month of the year.