Intel says it will keep networking and communications unit


FILE PHOTO: An Intel logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Dec 3 (Reuters) - Intel said on Wednesday it has opted to keep its networking and communications unit in the company following a review of strategic options for the unit.

Intel had previously explored selling various assets while it weighed options on how to improve its financial position. Over the summer, Intel clinched an $8.9 billion investment from the U.S. government for a 10% stake, and investments of $2 billion from SoftBank Group and $5 billion from Nvidia.

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