FILE PHOTO: Figurines with computers and smartphones are seen in front of Intel logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File photo
(Reuters) - Chipmaker Intel Corp said on Tuesday that it will separate its venture capital and investment arm, Intel Capital, into a standalone company, to focus on enhancing efficiency across the business.
Intel, which will remain an anchor investor, said the standalone operations are expected to begin in the second half of 2025 and will have a new name. The existing Intel Capital team will move to the new company.
