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OFFON

INTEL CORPORATION

(INTC)
  Report
Delayed Quote. Delayed Nasdaq - 12/03 04:00:01 pm
49.25 USD   -0.51%
12/05INTEL : UBS Global TMT Conference
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Intel : SiFive end talks without deal - Bloomberg News

10/21/2021 | 12:49pm EST

Oct 21 (Reuters) - Intel Corp's talks with SiFive Inc have ended without a deal and the chip designer startup will look for outside investment instead, Bloomberg News reported on Thursday, citing people with knowledge of the matter.

According to the report https://bloom.bg/3ndbukw, the talks fell apart as the companies could not agree on financial terms.

SiFive said it does not comment on speculations but confirmed it would continue to be Intel's partner on new chip designs. Intel did not immediately respond to a Reuters request for comment.

In June, a source told Reuters that Intel was debating a possible offer to buy SiFive, a company closely associated with an open-source technology called RISC-V that is challenging the rise of Intel's rival, Arm Ltd.

Arm, which is being acquired by Nvidia Corp for $40 billion, and SiFive sell intellectual property such as chip designs to others who ultimately produce the chips.

Purchasing SiFive would have given Intel a library of intellectual property it could use both in its chips and offer to license to future customers, as it works to build a business by opening up its chip factories to outsiders. (Reporting by Tiyashi Datta in Bengaluru; Editing by Ramakrishnan M.)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
INTEL CORPORATION -0.51% 49.25 Delayed Quote.-1.14%
NVIDIA CORPORATION -4.46% 306.93 Delayed Quote.135.11%
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Analyst Recommendations on INTEL CORPORATION
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Financials (USD)
Sales 2021 73 605 M - -
Net income 2021 18 471 M - -
Net Debt 2021 3 842 M - -
P/E ratio 2021 10,9x
Yield 2021 2,82%
Capitalization 200 B 200 B -
EV / Sales 2021 2,77x
EV / Sales 2022 2,84x
Nbr of Employees 110 600
Free-Float 99,7%
Chart INTEL CORPORATION
Duration : Period :
Intel Corporation Technical Analysis Chart | INTC | US4581401001 | MarketScreener
Technical analysis trends INTEL CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 41
Last Close Price 49,25 $
Average target price 55,33 $
Spread / Average Target 12,3%
EPS Revisions
Managers and Directors
Patrick P. Gelsinger Chief Executive Officer & Director
George S. Davis Chief Financial & Accounting Officer
Omar S. Ishrak Independent Chairman
Daniel J. McKeon Vice President-Information Technology Group
Ann B. Kelleher Senior Vice President & GM-Technology Development
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