02:40 PM EDT, 09/15/2025 (MT Newswires) -- (Updates with stock movement in the headline and first paragraph.)

Intel ( INTC ) shares rose 3.2% in recent Monday trading after the company lowered its estimate on 2025 non-GAAP operating expenses to $16.8 billion from $17 billion following the sale of a majority stake in its Altera business.

The sale of the 51% stake to Silver Lake was completed on Friday, Intel ( INTC ) said Monday in a regulatory filing.

The 2026 operating expense outlook remains unchanged at $16 billion.

Price: 24.86, Change: +0.78, Percent Change: +3.22