Intel Amends Altera Sale Agreement with SLP VII

Intel ( (INTC) ) just unveiled an announcement.

On April 14, 2025, Intel Corporation entered into a transaction agreement to sell a majority interest in its Altera business to SLP VII Gryphon Aggregator, L.P. An amendment to this agreement was made on August 11, 2025, adjusting the purchase price calculations and extending the closing date to September 13, 2025. The transaction is expected to impact Intel’s operations, with potential risks including regulatory approval delays, changes in business relationships, and competition in the semiconductor industry.

The most recent analyst rating on (INTC) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Intel stock, see the INTC Stock Forecast page.

Spark’s Take on INTC Stock

According to Spark, TipRanks’ AI Analyst, INTC is a Neutral.

Intel’s overall stock score is driven by significant financial performance challenges, particularly in profitability and cash flow. While the earnings call and corporate events indicate strategic efforts to address these issues, the technical analysis and valuation suggest a cautious outlook. The company’s restructuring and focus on foundry services are positive steps, but the market remains wary of immediate improvements.

To see Spark’s full report on INTC stock, click here.

More about Intel

Intel Corporation is a leading company in the semiconductor industry, known for its production of microprocessors and other semiconductor products. The company focuses on innovation and maintaining a competitive edge in the rapidly evolving tech market.

Average Trading Volume: 86,076,529

Technical Sentiment Signal: Sell

Current Market Cap: $95.46B

See more data about INTC stock on TipRanks’ Stock Analysis page.