Intel, already adrift, now Armless too
Briefly

Intel's sale of its Arm shares reflects a shift in strategy as the company seeks to recover from recent losses and changing market dynamics.
The shares were sold following a significant rise in Arm's stock price, suggesting Intel benefited from this timing while distancing itself from the chip design firm.
Intel's exit from Arm suggests a reaction to a competitive landscape where it struggles against rivals like AMD and Nvidia in critical tech sectors.
This move also indicates Intel's need to raise capital and focus on its own core products amid increasing competition in the PC and server markets.
Read at Theregister
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