Intel Reportedly Exploring Sale of Networking and Edge Unit
Intel is reportedly considering the sale of its networking and edge unit as CEO Lip-Bu Tan continues to streamline the semiconductor giant’s focus on its core businesses. This strategic move aims to optimize operations and concentrate on key areas of growth and innovation.
According to a report by Reuters, the networking and edge unit, which manufactures chips for telecom equipment, generated $5.8 billion in revenue in 2024. The potential sale reflects Intel’s broader strategy to divest business divisions deemed non-critical to its primary objectives.
Intel has already begun preliminary discussions with potential buyers but has not yet initiated a formal sales process, according to sources familiar with the matter.
This potential sale aligns with Tan’s stated intentions to refocus Intel on its core competencies, particularly PCs and data center chips. During Intel’s Vision conference in March, Tan informed customers of the company’s plans to spin off non-core assets, signaling a clear shift in strategic direction.
The decision to explore the sale of the networking and edge unit underscores Intel’s commitment to streamlining operations and sharpening its focus on key growth areas. By divesting non-core assets, Intel aims to enhance its competitive position and drive greater value for shareholders.
Intel declined to comment on the reports.
