Intel sells Altera chip unit to PE group Silver Lake

'Once-in-a-generation opportunity': Silver Lake may have struck gold with controlling majority in chip designer once worth almost $17bn

Intel sells 51% of its FPGA business to Silver Lake so it can focus on its core products.

Intel: The Worst May Be Behind This Chip Giant (NASDAQ:INTC)

Intel Corporation's turnaround gains traction with solid Q4 results, strategic moves, and AI opportunity, giving a potential 40% upside. Click for my INTC update.

Intel Dumps Altera at a Huge Loss @themotleyfool #stocks $INTC

Intel to sell majority stake in Altera for $4.46B

The sale to private equity firm Silver Lake comes as the chipmaker looks to shore up its finances.

Intel sells majority stake in Altera to lower expenses

Raghib Hussain is set to replace Sandra Rivera as Altera's CEO. Read more: Intel sells majority stake in Altera to lower expenses

Intel Takes an L, Pulling Back From Chip Biz Altera

The chips are down, and Intel’s cashing out.  On Monday, Intel said that it plans to sell a majority stake of chip biz Altera to buyout firm Silverlake in a deal that values Altera at about half of what the chipmaker bought it for 10 years ago.  Playing Catch-up Altera specializes in a type of semiconductor called a field program gate array (FPGA) that’s used in a variety of industries including telecom, defense, and robotics. The market for FPG…