Intel Corporation (NASDAQ:INTC) is one of the noteworthy Q3 stocks Jim Cramer was focused on. Cramer called the company’s CEO a “legendary semiconductor investor,” as he said: “Then there’s an amazing comeback story in the list, and it’s the story of Intel. Here’s a company where fortunes are changing on the fly, thanks to a phenomenal new CEO, Lip-Bu Tan. He’s a legendary semiconductor investor and the man who turned around the wayward Cadence Design Systems. Under his reign, the stock appreciated some 3 ...

MGX, a United Arab Emirates-based investor in AI and advanced technologies, has joined Silver Lake as a co-investor in acquiring a 51% stake in Altera. Based in California, US, Altera specialises in programmable semiconductor solutions. Intel retains the remaining 49% of Altera, reflecting the parties' interest in Altera's future within the sector. Details regarding MGX's financial involvement in this acquisition have not been revealed. The completion of this transaction establishes Altera as the large ...