Intel CEO Lip-Bu Tan wants the semiconductor company to refocus on its core business units: PCs and data center chips.

CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds.

US-based tech giant Intel is considering divesting its networking and edge businesses, reported Reuters citing three sources ...

Intel is considering divesting its network and edge businesses, NEX group, as the chipmaker looks to sell extra parts of the ...

And Intel’s networking business ... a majority stake in its Altera unit to SilverLake for $4.46 billion to help fund the revival effort. Before the SilverLake sale, the company had been ...

And Intel's networking business ... a majority stake in its Altera unit to SilverLake for $4.46 billion to help fund the revival effort. Before the SilverLake sale, the company had been preparing ...

Discussions on the potential sale ... The unit which makes chips for telecom equipment will no longer support Intel’s core strategy, the report added. In addition, Intel’s networking business ...