$Intel(INTC)$ we need to see t

$Intel(INTC)$ we need to see the revised financial details

Intel Sells 51% of Altera: A Smart Move for Future Growth?

Intel has announced an agreement with private equity firm Silver Lake to sell a stake in its FPGA subsidiary, Altera. Silver Lake will acquire 51% of Altera at a valuation of $8.75 billion, while Intel will retain the remaining 49% stake. Intel rises 3% on the news. ------------- Will there be more spinoff or sale of Intel business? How do you view the discount sale of Altera? Are you bullish on Intel transformation or not?

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