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.

October 5, 2023

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 the

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

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