Altera Files Confidentially for a US IPO That Could Raise $2 Billion

Altera Files Confidentially for a US IPO That Could Raise $2 Billion

Altera, the FPGA maker Intel bought for $16.7 billion in 2015 and later sold majority control of to Silver Lake, confidentially filed for a US IPO on September 15, 2026. The listing could raise over $2 billion and lands in the middle of an AI-fueled chip IPO boom.