Comment by MangoCoffee
5 days ago
What a waste! I can never understand corporate thinking and how CEOs get such massive fucking pay for decisions like this.
Intel paid $16.7 billion in 2015 and sold it for $8.75 billion?! What about all the money dumped into Altera from 2015 to 2025? How much was that? Is Intel just handing over the FPGA market to AMD?
Right but they are only selling 51% of it.
https://download.intel.com/newsroom/2021/archive/2015-12-28-...
Maybe? But who cares. From all of the comments above, I learned that the FPGA market is stalled or shrinking. Even AMD likely overpaid for Xilinx.