Intel Corporation continues its active efforts to reallocate resources and focus on its key business areas. On Monday, the company announced the sale of 51% of its programmable chip division, Altera, to private investment firm Silver Lake Management. The deal is valued at $4.46 billion, placing the full business valuation at $8.75 billion.

Geely Automobile Holdings Ltd. has showcased impressive financial results, significantly surpassing analyst expectations. The company's success can be attributed to increased sales volumes and cost optimization, allowing it to strengthen its competitive position in the challenging Chinese automotive market.