Intel (INTC) will spin off some of its non-core businesses, newly minted CEO Lip-Bu Tan said at the company’s Vision 2025 conference in Las Vegas on Monday.

At a recent Intel conference, Tan made no mention of breaking up the company, and said that Intel will launch new products like custom semiconductors.

Intel CEO Lip-Bu Tan discusses the company’s future at its Vision conference Spinning off non-core assets and adding more engineers are a priority Tan wants to listen to customers, but “it won’t ...

Intel's CEO, Tan Lip-bu, has announced plans to spin off nonessential assets and develop new products to better serve customers.

Intel on Monday announced that it has entered into a definitive agreement to sell 51% of its Altera semiconductor business to ...

The companies announced the deal today. The transaction values Altera at $8.75 billion, just under half what Intel paid to ...

Intel's (INTC) new CEO Lip-Bu Tan outlining his priorities helped stakeholders understand the company's intended positioning in the coming years, said Stifel.

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on ...

A break-up or spin-off of Intel's Foundry business could ... its leadership change to fundamentally review its business strategy. Intel’s new Chief Executive Officer Lip-Bu Tan already mentioned ...

“Going forward at Intel, we will redefine some of our strategy and then free up the bandwidth. Some of the non-core business, we will spin it off, but really focus on our core business and how ...

Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren ... which was a potential turnaround strategy floated in recent months.