Intel Spins Off Networking and Edge Units to Boost Profitability
Intel restructures again, spinning off its Networking and Edge Group to enhance returns and focus on core growth.
Matilda
Intel Spins Off Networking and Edge Units to Boost Profitability Intel Networking and Edge Group Spinoff: What It Means for the Company’s Future Intel’s decision to spin off its Networking and Edge Group (NEX) is raising eyebrows across the tech industry. Many are asking what this move signals for the chip giant’s future and how it fits into the broader strategy to refocus operations and improve profitability. The intel networking and edge group spinoff follows a string of bold changes, including layoffs and restructuring, aimed at reclaiming market strength in an increasingly competitive semiconductor landscape. According to an internal memo obtained by CRN, Intel still plans to remain a significant investor in the spun-off business, mirroring its previous playbook with Altera. Image credit: Intel Why Intel Is Spinning Off Its Networking and Edge Group The intel networking and edge group spinoff appears to be driven by a mix of financial necessity and strategic recalibration. In 2024, the Networking and Edge Group contributed around 11% of Intel’s tot…
