Intel To Sell Majority Stake In Altera For $4.46 Billion To Fund Revival Effort

Intel To Sell Majority Stake In Altera For $4.46 Billion To Fund Revival Effort Intel has announced its decision to sell a 51% stake in its Altera programmable chip division to private equity firm Silver Lake for $4.46 billion. This strategy is part of Intel’s effort to cut costs and focus on its transformation into … Read more

Trump Denies Tariff ‘Exception’ for Electronics, Promises New Electronics Tariffs Soon

Trump Denies Tariff ‘Exception’ for Electronics, Promises New Electronics Tariffs Soon U.S. President Donald Trump is set to impose new tariffs on electronics, denying any permanent exemption for products like smartphones and semiconductors. This announcement follows confusion surrounding recent tariff exemptions, which were stated to be temporary. Commerce Secretary Howard Lutnick confirmed plans for a … Read more