secwatch.observer — SEC 8-K summary
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Issuer:     INTEL CORP (INTC)
CIK:        0000050863
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0000050863-25-000153
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intel completes sale of 51% of Altera to Silver Lake for $3.3B; retains 49%
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- Silver Lake acquired 51% of Altera for ~$3.3B equity value; Intel retains 49% interest.
- Altera's H1 2025 revenue was $816M with gross margin 55% and operating expenses $356M.
- Intel revised FY2025 non-GAAP op-ex target to $16.8B from $17B due to Altera deconsolidation.
- FY2026 non-GAAP op-ex target unchanged at $16B; Altera accounted under equity method from Sep 12.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50863/000005086325000153/0000050863-25-000153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50863/000005086325000153/intc-20250912.htm
  HTML page:      https://secwatch.observer/filing/0000050863-25-000153

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer