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Gadgets: Intel Sells Stake in Chip Designer Arm Holdings

Started by dave, August 14, 2024, 01:01:15 PM

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dave

August 14, 2024, 01:01:15 PM
Intel Sells Stake in Chip Designer Arm Holdings

Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a regulatory filing showed on Tuesday.

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