Intel to spin off its venture capital arm
Published On Jan 14, 2025, 5:09 PM
Intel Corp announced that it will spin off its venture capital division, Intel Capital, into a separate entity to improve operational efficiency. The new entity will retain Intel as an anchor investor, and this transition is expected to take place in the second half of 2025. Intel Capital currently manages over $5 billion in assets and invests in key tech sectors.
Stock Forecasts
INTC
Positive
The spin-off is viewed positively, as it allows Intel Capital to raise new capital and expand its investment capabilities while providing Intel with a focused strategic partnership. This move may enhance Intel's operational efficiency and strengthen its investment outcomes in technology.
Related News
German dream of becoming a global chip superpower is fading fast
Jan 7, 2025, 12:00 AM
(Bloomberg) -- A vast empty field in Germany’s depressed east is where, for a moment, Olaf Scholz’s ambition to create a lasting economic legacy looked unstoppable.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeCan American Drivers Learn to Love Roundabouts?Don’t Shrink the BusIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing Takes Effect After Years of DelaysIt was on that plot outside Dresden that the chancellor, wielding a shove
Is Intel stock done going down?
Dec 31, 2024, 12:22 PM
Here's why this tech investor thinks Intel has a lot of proving to do.
Bitcoin 100K, Intel CEO ousted, job growth rebounds: 3 big stories in markets this week
Dec 7, 2024, 7:37 AM
This week, investors digested bitcoin's rally above $100,000, Intel's leadership shakeup, and monthly jobs data that keeps the Fed on track to cut interest rates.