
Intel considering sale of its Networking and Edge Group – report
Segment no longer aligns with new CEO’s strategy
Segment no longer aligns with new CEO’s strategy
Intel first acquired the FPGA chip company in 2015 for $16.7bn
Deal could see TSMC take 20 percent stake in Intel’s foundry operations
Will start new role on March 18
Chipmaker also looking to fend off potential activist campaign from investors
Company’s second-generation MLSoC due for release in 2025