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Intel Shelves Its Plan To Separate Network And Edge Group [Forbes]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
According to several media reports, Intel's management has decided that the Network and Edge (NEX) business is more likely to succeed if it remains part of the Company's core operations (For details refer to spinoffresearch.com). Intel stated that after a thorough review of strategic options for NEX - including a potential standalone path; the management concluded that the business is best positioned to succeed within Intel. RetainingNEX in-house enables tighter integration among silicon, software, and systems, strengthening customer offerings across AI, data centers, and edge computing. Earlier, on July 24, 2025, Intel had announced its plan to carve-out its Network and Edge Group (NEX) into a separate company, marking a significant restructuring initiative under the leadership of CEO Lip-Bu Tan, who has committed to refocusing Intel's efforts on its core business areas, AI, x86 platforms, and semiconductor manufacturing. The Network and Edge Group (Carve-Out) was expected to focus
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