Intel (INTC) Stock: Surge as Advances Altera IPO as Chip Unit Returns to Public Markets

TLDR Intel stock rises as Altera takes another major step toward a proposed IPO Altera files an S-1 draft as the chipmaker prepares to return to public markets Intel retains a 49% stake after selling control of Altera to Silver Lake last year Altera’s IPO plan supports Intel’s broader restructuring and foundry growth strategy The [...]

The post Intel (INTC) Stock: Surge as Advances Altera IPO as Chip Unit Returns to Public Markets appeared first on Blockonomi.