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Chipzilla eyes axe for NEX division
Published in News
Wednesday, 21 May 2025 10:32

Chipzilla eyes axe for NEX division


PC and data centre units safe as networking group faces chop

Troubled Chipzilla is planning to offload its network and edge (NEX) division, sources as CEO Lip-Bu Tan sharpens the knife and gets ready to slice off anything that doesn’t fit his “back to basics” mantra.

Chipzilla offloads Altera stake for a cut-price $4.46B
Published in News


Garage sale as Intel bleeds from old bets

Troubled Chipzilla is flogging 51 per cent of its Altera programmable chip arm to buyout outift Silver Lake for $4.46 billion, marking new Intel boss Lip-Bu Tan’s first big move since taking over in December.

Intel CEO pick tangled in PLA-linked Chinese investments
Published in News


Lip-Bu Tan's deep China ties

Silicon Valley investor Lip-Bu Tan, who was tapped to steer troubled Chipzilla out of its tailspin, holds financial stakes in hundreds of Chinese tech outfits, some with direct links to the People’s Liberation Army.