Intel to spin off venture capital arm as chipmaker continues to restructure

By CNBC   |   1 day ago
Intel to spin off venture capital arm as chipmaker continues to restructure

Established in 1991, Intel Capital, the venture arm of Intel, plans to become an independent firm to attract outside investors. This move follows a series of structural changes by the chipmaker due to market challenges. Other tech companies like Google and Microsoft have also adopted corporate venture capital.

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