Intel to spin off FPGA unit as a stand-alone business

It will still be a part of Intel but operate independently, similar to how Mobileye now does.

Andy Patrizio

Intel spins off its FPGA group as a stand-alone company, apparently because it wasn’t getting the attention it needed to succeed. Intel has announced plans to operate its FPGA business, the Programmable Solutions Group (PSG), as a stand-alone company starting January 1, 2024. This move will involve appointing a new C-suite for the company and reporting it as a separate unit in Intel’s Q1 2024 earnings report, with the eventual goal of spinning it off as a public company. Sandra Rivera, currently in charge of Intel’s data center and AI group, will lead the spin-off company. Intel’s decision to separate

Enjoy full access with a TechWatch subscription!

TechWatch is the front line of JPR information gathering service, comprising current stories of interest to the graphics industry spanning the core areas of graphics hardware and software, workstations, gaming, and design.

A subscription to TechWatch includes 4 hours of consulting time to be used over the course of the subscription.

Already a subscriber? Login below

This content is restricted

Subscribe to TechWatch