Bloomberg Intelligence
Intel to Sell 51% Altera Stake to Silverlake
Apr 14, 2025
Alison Williams, a Senior Analyst at Bloomberg Intelligence specializing in global banks and asset management, shares insights on Goldman Sachs' record-high trading revenues fueled by market volatility. She discusses how economic uncertainties affect financial markets and employment trends on Wall Street. Additionally, the podcast highlights Intel's sale of a 51% stake in its Altera unit and explores the implications of such strategic moves in the tech industry while keeping an eye on evolving trends in pharmaceuticals and obesity medications.
19:52
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Intel's strategic divestiture of 51% of its Altera stake to Silver Lake aims to streamline operations and focus on core chip manufacturing.
- Goldman Sachs reported record revenues from its trading desk, benefiting from market volatility, despite ongoing challenges in investment banking.
Deep dives
Intel's Strategic Shift
Intel has initiated a significant change in its business strategy under new leadership, aiming to focus on its core foundry and chip design operations. The company is divesting 51% of its Altera stake to Silver Lake, a move seen as a way to raise cash and streamline operations by shedding non-core assets. The new CEO intends to turn around the foundry business, which has been under pressure, while managing low to mid single-digit growth expectations. Analysts suggest that while the divestiture may seem like a loss given the reduced valuation, it might allow Intel to concentrate on opportunities that align better with current market demands, particularly in AI and chip manufacturing.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
