Fresh off announcing the majority sale of its Altera programmable chip business, Intel is now reportedly looking to shed its networking and edge computing unit. Intel is reportedly eyeing the sale of ...
TL;DR: Intel is restructuring under CEO Lip-Bu Tan to improve financial performance, including cutting 15,000 jobs and spinning off its $5.8 billion Networking and Edge Group (NEX) into a standalone ...
Update: Intel declined to comment. Intel (NASDAQ:INTC) is thinking of selling its network and edge businesses as the company intends to divest parts which its new CEO does not see as vital, Reuters ...
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