➀ Intel is exploring the sale or partnership of its Network and Edge Group (NEX) to refocus on PC and datacenter strategies, following previous divestments like Altera and Fab 34;
➁ NEX revenue fell to $5.8B in 2023 (from $8.4B in 2022) amid strong Broadcom competition, signaling a shift away from non-core businesses;
➂ Intel holds $50B debt and $21B cash, with CEO Lip-Bu Tan prioritizing core products under ongoing financial restructuring.