Overview

• Intel is in early discussions to sell its network and edge (NEX) business, with no formal sale process or bidders yet engaged.
• The potential divestiture aligns with CEO Lip-Bu Tan's strategy to streamline operations and prioritize high-margin PC and data center markets.
• The NEX unit, which generated $5.8 billion in revenue in 2024, has been integrated into Intel's core financial reporting categories.
• Intel's competitive pressures in networking, particularly from Broadcom, contribute to the decision to consider exiting the NEX segment.
• This follows Intel's April 2025 sale of a majority stake in Altera for $4.46 billion, marking another step in its broader refocusing efforts.