Buyout firm Silver Lake is in exclusive talks to purchase a majority stake in Intel's programmable chip business Altera, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.

Intel appears to be closing in on a plan to break up the company, lining up outside investment to split its chip design business from its semiconductor manufacturing arm. The chipmaker’s stock has ...

Key Takeaways Intel is in advanced talks to sell a majority stake in its Altera programmable chips unit, Bloomberg reported Tuesday.The development comes after reporting over the weekend that Broadcom ...

Despite its current woes, Intel remains a massive American chipmaker, and the US government will want to ensure that its fabs ...