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Intel To Separate Programmable Solutions Group (PSG); IPO Seen In Next 2-3 Years

by Karl Freund | Oct 3, 2023 | In the News

Thanks to Microsoft’s appetite for FPGAs in the data center, the programmable hardware chips were a hot story in 2015. So, Intel acquired Altera for $16.7B. Then AMD acquired Altera’s biggest competitor, Xilinx, in 2022 for a whopping $50B. Now, unsurprisingly, Intel...

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