Page 113 - Intel Foundry Services News Today

MCF Advisors LLC reduced its stake in shares of Intel Co. (NASDAQ:INTC – Free Report) by 10.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,218 shares of the chip maker’s stock after selling 2,698 shares during the quarter. MCF Advisors LLC’s […]

Intel makes strategy move with its Programmable Solution Group.

CEO Pat Gelsinger said turning PSG into a separate business on 1 January will give it the ‘independence’ from Intel it needs to keep growing.

Maybe Intel chief executive officer Pat Gelsinger has spent too much time at EMC and VMware. Because now Intel wants to spin out the FPGA business that is

The chip maker says the move will give the group the autonomy and flexibility it needs for faster growth and to ultimately be more competitive in the Field Programmable Gate Array (FPGA) market.

On October 3, CEO Pat Gelsinger announced Intel’s plan to spin out the company’s Programmable Solutions Group (PSG) – the group that was once known as independent FPGA maker Altera – into an independently operated company. Gelsinger’s explanation for why Intel is spinning PSG back out into an independent company is that he’s unlocking shareholder…

First Command Bank lifted its position in Intel Co. (NASDAQ:INTC – Free Report) by 6.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 11,263 shares of the chip maker’s stock after acquiring an additional 721 shares during the period. First Command Bank’s holdings in Intel were worth $377,000 as of its most recent […]

First Command Bank boosted its holdings in shares of Intel Co. (NASDAQ:INTC – Free Report) by 6.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,263 shares of the chip maker’s stock after buying an additional 721 shares during […]

Conning Inc. cut its stake in Intel Co. (NASDAQ:INTC – Free Report) by 28.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,644 shares of the chip maker’s stock after selling 9,980 shares during the period. Conning Inc.’s holdings in Intel were worth […]

Perkins Capital Management Inc. purchased a new stake in shares of Intel Co. (NASDAQ:INTC – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 21,550 shares of the chip maker’s stock, valued at approximately $721,000. Several other hedge funds have also recently added to or reduced […]