CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds.

Talks about the potential sale of the group, once called NEX in Intel’s financial results, are a part of CEO Lip-Bu Tan’s strategy to focus its tens of thousands of employees on areas in which it ...

Intel is considering a divestment of its Network and Edge Group (NEX) in an effort to streamline its strategy and focus on ...

Deutsche Bank resumed coverage of Intel (NASDAQ:INTC) with a Hold rating and a price target of $23 in a note Wednesday, noting cautious optimism about the company’s long-term potential under new CEO ...

At a dinner in Taiwan earlier this week, Intel CEO Lip-Bu Tan (pictured) said Intel wants to be humble. “We want to be humble ...

US-based tech giant Intel is considering divesting its networking and edge businesses, reported Reuters citing three sources ...

PC and data centre units safe as networking group faces chop Troubled Chipzilla is planning to offload its network and edge (NEX) division, sources as CEO Lip-Bu Tan sharpens the knife and gets ready ...

The struggling chip manufacturer Intel is considering the sale of the Network and Edge Group. The new CEO wants to focus on ...

Chipmaker Intel is reportedly considering the sale of its network and edge unit as part of CEO Lip-Bu Tan’s effort to refocus ...

Intel is considering divesting its network and edge businesses, NEX group, as the chipmaker looks to sell extra parts of the ...