Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...

The networking division, which develops advanced communication and network cards for data centers and AI, employs thousands ...

Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...

INTEL is planning to separate its networking and communications unit into a stand-alone company and has begun the process of identifying investors, the chipmaker said on Friday, as new Chief Executive ...

Intel plans to spin off its NEX unit into a new company; read the full memo sent to customers by Sachin Katti.

Intel is set to spin off its Network and Edge Group (NEX) into a stand-alone company, seeking strategic investors to bolster ...

Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...

Investing.com -- Intel (NASDAQ: INTC) plans to spin off its Network and Edge Group (NEX) into a stand-alone company and is ...

Intel (INTC) unveiled its plan to spin off its Network and Edge business in a memo address to customers and said it is eyeing outside investment for the unit, CRN’s Dylan Martin reports. The memo was ...

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.