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Intel seeks billions for minority stake in Altera business, sources say
- lysace 2y agoTheir backup strategy after (risking) losing at CPUs is to eventually transform into an FPGA powerhouse? Essentially becoming a high margin low volume telecom/miltary supplier?
- BeetleB 2y agoThe article is stating the exact opposite: They're trying to dump their FPGA business. Funny they're valuing it at $17B. It's virtually the same amount they bought it for 8 years ago.
- newprint 2y agothis is so pathetically sad. at this point, Intel is basically falling apart as a company, it already sold solid state disk business, server business sold, business making lidars & cameras is gone, already sold stakes in some of the fabs and probably looking to completely sell it's fab business, stake in ARM is sold, now FPGA is being sold, cellphone business is gone as well.
- BeetleB 2y agoWhich server business got sold? Stuff like lidars/cameras were always a tiny part of Intel. I don't know how much money they made with the solid state disk business - although it is sad given Intel invented it. They can't sell the fab business - it operates at a massive loss annually - until they hit breakeven (which they hope will be around 2027). Even then, I expect they will spin it off as a public company instead of a private sale. FPGA was always bad for Intel - they should never have bought it. Cellphone: They totally failed at it. Other than CPUs for laptops through data centers, Intel has failed at everything they've tried (we can soon add GPUs to that list). They are a one trick pony. Almost as bad as Google :-)