# Intel Cashes Out $147M Stake in Arm Holdings 🚀

**URL:** <https://onehack.st/t/intel-cashes-out-147m-stake-in-arm-holdings/289031>\
**Category:** News & Articles\
**Tags:** trading\
**Created:** [August 15, 2024, 3:24am UTC](https://onehack.st/t/intel-cashes-out-147m-stake-in-arm-holdings/289031 "2024-08-15T03:24:44Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![TheJoker](https://onehack.st/user_avatar/onehack.st/thejoker/32/22660_2.png) [@TheJoker](https://onehack.st/u/TheJoker)\
**Post date:** [August 15, 2024, 3:24am UTC](https://onehack.st/t/intel-cashes-out-147m-stake-in-arm-holdings/289031/1 "2024-08-15T03:24:44Z")

</div>

**Summary:**

* * *

1. **Major Sale**  
_Intel_ sold its 1.18 million shares in _Arm Holdings_ for approximately $147 million, marking a significant business move.

2. **Other Divestments**  
Along with _Arm_, _Intel_ also exited its investments in _ZeroFox_ and reduced its stake in _Astera Labs_.

3. **Quarterly Loss**  
Despite the sale, _Intel_ reported a $120 million net loss on its equity investments for the quarter. 📉

**Read more at:** [Tom’s Hardware](https://tomshardware.com)