Intel said it plans to spin off its programmable chip unit and make an initial public offering within two to three years. I don't really know how to view this news, positive or negative? The $INTC+0.2% stock initially weakened today but is already going back into the black.
![INTC](https://media.bulios.com/media/ticker/45591307-3e20-45ce-8034-990f768cdde2.png)
I really like Intel and Gelsinger's vision, so I believe this will move Intel a little closer to achieving their goal.