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Intel Considers Selling $5.8B NEX Unit to Refocus

5/21/2025

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Story summary
  • Intel is eyeing a potential sale of its Network and Edge (NEX) unit, which brought in a staggering $5.8 billion in revenue last year. Under CEO Lip-Bu Tan's leadership, the tech giant seeks to sharpen its focus on core PC and data center markets as competition heats up. Early talks with interested buyers are underway, but no official sale process has been initiated yet.
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