Matthias Balk / picture alliance via Getty Images Intel shares rose roughly 4% soon after the opening bell Monday, Sept. 15, 2025 Intel (INTC) shares advanced Monday when the struggling semiconductor manufacturer announced that it was lowering its outlook for full-year costs following the sale of a majority stake in its Altera programmable chip business. The company had disclosed the sale of 51% of Altera to private equity firm Silver Lake for approximately $3.3 billion in April, and the deal closed last ...

(Reuters) - Intel said on Monday it has lowered its full-year 2025 adjusted operating expense target to $16.8 billion, from $17 billion earlier, to reflect the deconsolidation of its programmable chip business, Altera. The struggling chipmaker agreed in April to sell a 51% stake in Altera to private equity firm Silver Lake, valuing the unit at just $8.75 billion, a sharp decline from the nearly $17 billion Intel paid to acquire it in 2015. Intel is streamlining under CEO Lip-Bu Tan to bolster cash. The c ...

Intel said on Monday it has lowered its full-year 2025 adjusted operating expense target to $16.8 billion, from $17 billion earlier, to reflect the deconsolidation of its programmable chip business, A... ...