Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecessary businesses and revamp capital spending. The plan may include selling Intel's programmable chip unit Altera and pausing or halting its $32 billion factory in Germany.
Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecessary businesses and revamp capital spending. The plan may include selling Intel's programmable chip unit Altera and pausing or halting its $32 billion factory in Germany.