Intel to spin off venture capital arm as chipmaker continues to restructure
1. Intel plans to spin off Intel Capital into an independent firm. 2. Intel Capital has $5 billion in assets and will seek outside investors. 3. Intel's restructuring follows its worst stock market year since 1971. 4. The company previously cut costs and laid off employees under CEO Gelsinger. 5. Intel continues to work on spinning off Altera and Mobileye.