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Intel is spinning off its Network and Edge group

25 Jul 2025

Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.

Read more:
CTech, 28.07.25 >> Intel’s global overhaul: What the memo didn’t say
While Intel Israel has faced layoffs like other global units, its absence from CEO Lip-Bu Tan’s sweeping restructuring memo suggests it may be spared deeper cuts, and signals quiet confidence in the unit’s strategic value.


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To read the full article, visit TechCrunch websitehttps://techcrunch.com/2025/07/25/intel-is-spinning-off-its-network-and-edge-group/ website
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