Analysis: Intel has few good options as investor demands break-up Toggle share menu
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Analysis: Intel has few good options as investor demands break-up Activist investor Daniel Loeb wants Intel Corp to consider splitting its huge chip manufacturing operations from its chip design and development business, but analysts say doing so could weaken both businesses unless the firm can form a joint venture.
FILE PHOTO: The logo for the Intel Corporation is seen on a sign outside the Fab 42 microprocessor manufacturing site in Chandler, Arizona, U.S., October 2, 2020. REUTERS/Nathan Frandino/File Photo
31 Dec 2020 01:55AM Share this content
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SAN FRANCISCO: Activist investor Daniel Loeb wants Intel Corp to consider splitting its huge chip manufacturing operations from its chip design and development business, but analysts say doing so could weaken both businesses unless the firm can form a joint v
The US indirectly dealt another blow to Huawei as the Department of Commerce added SMIC to the Entity List. The Entity List designation limits SMIC s ability to acquire certain U.S. technology by requiring U.S. exporters to apply for a license to sell to the company, the government said in its press release.
The world s largest drone maker, DJI, was also included in the list of 60 more companies from China added to the list this week.
In November, the White House took a shot at SMIC when it issued an executive order saying US persons would have until November 11, 2021, to divest themselves of shares in any Communist Chinese military company.