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Intel's cost-cutting measures look set to continue as it's reportedly looking to divest its network and edge businesses. Reuters reports that the embattled firm is looking to sideline parts of the ...
Eco-Shop Marketing Bhd, a discount chain with over 350 stores across Malaysia, is set to go public in Kuala Lumpur on Friday ...
In a significant pivot that could reshape Intel’s future, the tech giant is quietly weighing whether to sell off its network ...
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MarketBeat on MSNIntel Refocuses: NEX Sale and Foundry Pivot Signal New EraRecent developments at Intel Corporation (NASDAQ: INTC) suggest a quickening pace in its strategic overhaul under new CEO Lip ...
Intel CEO Lip-Bu Tan wants the semiconductor company to refocus on its core business units: PCs and data center chips.
Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 25 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After a ...
CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds.
Talks about the potential sale of the group, once called NEX in Intel’s financial results, are a part of CEO Lip-Bu Tan’s strategy to focus its tens of thousands of employees on areas in which it ...
Intel is considering a divestment of its Network and Edge Group (NEX) in an effort to streamline its strategy and focus on ...
US-based tech giant Intel is considering divesting its networking and edge businesses, reported Reuters citing three sources ...
PC and data centre units safe as networking group faces chop Troubled Chipzilla is planning to offload its network and edge (NEX) division, sources as CEO Lip-Bu Tan sharpens the knife and gets ready ...
The struggling chip manufacturer Intel is considering the sale of the Network and Edge Group. The new CEO wants to focus on ...
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