Intel CEO’s cost-cutting plan includes spinning off Altera and exiting German factory, source says – Yahoo Finance

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  1. Intel CEO’s cost-cutting plan includes spinning off Altera and exiting German manufacturing plant, source saysYahoo Finance
  2. Exclusive: Intel CEO to propose board to divest assets and cut costs, source saysReuters
  3. Opinion: Intel’s big turnaround plan now looks very expensive and poorly timedMarketWatch
  4. Intel teams with bankers to present board with strategic options, sending shares up 10%CNBC
  5. Intel is likely to sell Altera, freeze construction of its $30 billion German factory but maintain chip production, according to the latest news ahead of a crucial board meetingWccftech

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