While Intel led the chips sector for decades, it’s been on a rough road since the boom in technology spending during the Covid-19 pandemic. The stock is down almost 60% over the

Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an "anchor investor."

Intel’s interim co-chief executive, David Zinsner, said spinning off its venture arm was a “win-win scenario as it provides the fund with access to new sources of capital to expand its franchise while allowing both companies to continue benefiting from a productive long-term strategic partnership”.

Intel Corp., the once-dominant chipmaker struggling to revive its business and finances, plans to turn its venture capital arm into a separate fund with a new name.

The chip maker said it will remain an investor in Intel Capital, founded in 1991 with over $5 billion in assets under management.

Intel has announced it will spin off its global venture capital arm Intel Capital into a standalone investment fund. The move is designed to bring the corporate structure of Intel Capital more in line with other venue capital firms, allowing the fund to raise money from external investors.

Chipmaker Intel Corp said on Tuesday that it will separate its venture capital and investment arm, Intel Capital, into a standalone company, to focus on enhancing efficiency across the business. Intel,

Intel announced plans to spin off Intel Capital, the company's venture capital arm, and transform it into an independent company. It is the latest in a

The chip maker said it will remain an investor in Intel Capital, founded in 1991 with over $5 billion in assets under management.

This'll be good for you, don't you worry, CFO tells venture fund while pulling back the sling Stricken silicon giant Intel has decided it doesn’t want to be the sole investor in its venture capital operation,