World’s biggest semiconductor maker has been under pressure from Trump administration to help out Silicon Valley rival
The best returns for buyers happen when bidding wars are scarce and sellers are desperate to lock in cash proceeds
Sale is part of plan by company to divest non-core assets
Lip-Bu Tan says Silicon Valley group must again act like a ‘day-one start-up’
Pat Gelsinger, who has taken on role at venture capital firm, says US must boost R&D to gain ‘semiconductor leadership’
Chipmaker’s stock rises after hiring Lip-Bu Tan as shareholders hope he can revive business
Marc Filippino talks to Alec Russell and John Reed
Return of former board member sends shares in US chip group 15% higher
Has the White House given up on trying to create a US national champion in chip manufacturing?
US buyout group is the struggling tech company’s preferred buyer for its specialist chipmaker
Beijing seeks leverage against US president by reviving investigations into tech giants
Silicon Valley group’s shares tick up even as its revenue outlook misses forecasts
Troubled Silicon Valley company also under pressure for investments in China
The Silicon Valley-based company could scale back its semiconductor manufacturing business in a blow to American ambitions
Exit of CEO Pat Gelsinger maybe a sign of a shift in attitude by the company’s board to a huge strategic overhaul
Plus, information provider to corporate credit investors 9fin raises cash, and CFA candidates drop sharply
A break-up — once unimaginable for a sector champion — looks at least conceivable
Semiconductor company’s shares have slid as turnaround plans struggled to gain traction
If you can’t beat it, join the US company’s supply chain
Smaller than expected sales decline boosts shares as chipmaker tries to recover from misjudging demand
Whatever the long term shifts that are making its products more central to everyday life, chips remain highly cyclical
Chipmaker is seeking ways to shore up its business although potential takeover approaches could complicate talks
String of recent megadeals includes $36bn acquisition by Mars and $20bn takeover by Verizon
Tech group wants to remain both a cutting-edge designer and manufacturer of chips
No formal offer made but deal could become biggest tech acquisition in history