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Intel Stock Rises After Chipmaker Cuts Forecast for Expenses
IntelIntel(US:INTC) Yahoo Financeยท2025-09-15 14:10

Matthias Balk / picture alliance via Getty Images Intel shares rose roughly 6% in late-morning trading Monday, Sept. 15, 2025 Intel (INTC) shares advanced nearly 6% Monday when the struggling semiconductor manufacturer announced that it was lowering its outlook for full-year costs following the sale of a majority stake in its Altera programmable chip business. The company had disclosed the sale of 51% of Altera to private equity firm Silver Lake for approximately $3.3 billion in April, and the deal closed ...