Intel to Sell 51% Altera Stake to Silverlake

<p>Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.</p> <p>Bloomberg Intelligence hosted by Paul Sweeney and Emily Grafffeo&nbsp;</p> <p>Today&rsquo;s Podcast Features are:&nbsp;<br /><br />Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, discusses&nbsp;Intel agreeing to sell a 51% stake in its programmable chips unit &lsquo;Altera&rsquo; to&nbsp;Silver Lake Management, making good on plans to start spinning off non-core assets. Intel will continue to hold a 49% stake in the business. The deal is expected to close in the second half of 2025. Bloomberg reported previously on the talks between the two companies.<br /><br />Alison Williams, Bloomberg Intelligence Senior Analyst, Global Banks and Asset Manager, discusses earnings from Goldman Sachs. Goldman Sachs&rsquo; stock traders posted their highest quarterly revenue haul on record, riding a wave of volatility triggered by an emerging global trade war that&rsquo;s roiled financial markets.<br /><br />Michael Shah, Bloomberg Intelligence Senior Pharma-Biotech Analyst, discusses Pfizer halting development of its highest profile experimental drug, an obesity pill aimed at the blockbuster weight-loss market dominated by shots from&nbsp;Novo Nordisk A/S and&nbsp;Eli Lilly &amp; Co., after it was linked to liver damage in a clinical trial.&nbsp;</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>