Here's Intel's latest turnaround move
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Intel plans to spin out its venture-capital arm as part of its ongoing efforts to retool and improve its business amid struggles in the chipmaking industry.
January 15, 2025 | 9:00 am
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Intel is spinning out its venture-capital arm as part of its strategy to retool and improve its business operations.
The spin-out of the venture-capital arm is a significant strategic move for Intel, indicating a focus on core operations and potentially improving financial performance. This could positively impact investor sentiment and stock price in the short term.
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