Intel CEO Lip-Bu Tan continues to think about methods to assist semiconductor big refocus on its core enterprise.
Intel is allegedly contemplating promoting its networking and edge unit, in line with reporting to Reuters, as Tan seems to shed enterprise divisions that aren’t thought-about vital. This unit builds makes chips for telecom gear and was chargeable for $5.8 billion of income in 2024.
Intel has began partaking with potential consumers however has not launched a proper gross sales course of, Reuters reported.
If Intel does find yourself pursuing a sale, it wouldn’t be stunning. Tan has made it clear that he needs the corporate to refocus on its core enterprise models — PCs and knowledge heart chips. In March, Tan advised Intel’s clients that the corporate would spin off its non-core property on the firm’s Intel Imaginative and prescient convention.
Trendster has reached out to Intel for extra data.
