Activist investor wants Intel to split its chip business
For more than 50 years, the chipmaker has operated in the same way, failing to stay at the cutting edge of the industry
30 December 2020 - 15:41
San Francisco — Activist investor Daniel Loeb wants Intel to consider splitting its huge chip manufacturing operations from its chip design and development business, but analysts say doing so could weaken both businesses unless the firm can form a joint venture.
For more than 50 years, Intel has operated on the idea that both designing and manufacturing its own semiconductors produce the best results...
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