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Intel (INTC.US) is pushing to sell Altera, with several giants competing and the valuation reaching as high as 12 billion USD.
Intel is advancing the process of selling its subsidiary Altera, which has attracted interest from several private equity firms and Semiconductors manufacturers.
U.S. stock market close | The three major Indexes had mixed results, with the Dow ending a 10-day losing streak; Quantum Computing concept stocks corrected, with QUBT and Quantum down about 40%; FedEx surged more than 13% after hours.
① The Dow Jones slightly increased, while the S&P 500 Index and Nasdaq slightly decreased; ② Micron Technology dropped over 16%; ③ Nike rose more than 10% in Post-Market Trading.
Intel Said to Consider Several Investment Firms, Lattice, for Altera Unit: Report
Express News | Intel is reportedly screening the list of candidates for the next round of bidding for the ALTERA chip Business.
Bloomberg: Francisco Partners And Silver Lake Competing Alongside Lattice Semiconductor In Second Round For Altera
At US$58.55, Is It Time To Put Lattice Semiconductor Corporation (NASDAQ:LSCC) On Your Watch List?