intel may abandon assets to save itself
2024-09-04
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recently, intel, the us chip giant whose performance has declined sharply and is lagging behind in the artificial intelligence competition, is stepping up its efforts to save itself.
reuters disclosed on the 2nd that intel's senior management team will propose a self-rescue plan centered on cost cutting to the company's board of directors later this month, including divesting non-essential businesses.
sources revealed that the above plan does not currently include the option of splitting intel or selling intel's chip foundry. it is reported that the business that intel may divest includes altera, a programmable chip division. in 2015, intel acquired altera for $16.7 billion, and altera is currently a wholly-owned subsidiary of intel. altera may also be directly sold as a whole to other chip manufacturers willing to take over.
in addition, intel may also interrupt or completely stop the company's plan to invest $32 billion to build a chip factory in germany. the self-rescue plan of intel's senior management team is expected to be submitted to the board of directors for discussion in the middle of this month, and the specific self-rescue measures are still uncertain.
reuters commented that intel is currently in the most difficult period in its history. after the disclosure of the "disastrous" second quarter results, intel's market value is less than $100 billion. before the latest self-rescue plan was brewed, intel had announced a series of self-rescue measures, including suspending the company's dividend payments and laying off 15% of its employees, in order to achieve its goal of saving $10 billion. (wang pinzhi)▲#deep good articles project#
