Intel stock surges 5% after big cost-cutting move and Altera stake sale
- Posted on September 15, 2025
- By Business News Today
- 1 Views
Intel stock surges 5% after big cost-cutting move and Altera stake sale
INTC stock today: Intel's stock increased by 5% after announcing a reduced cost forecast due to its sale of a majority stake in the Altera business to Silver Lake for $3.3 billion, showcasing the company's focus on financial discipline and operational efficiency.
