Separately, Intel and Clearwire, which is majority-owned by phone operator Sprint Nextel, had been victims of an insider trading trial by hedge fund manager Raj Rajaratnam.
US-listed semiconductor company Intel’s corporate venturing will sell up to 10 million of its shares in its biggest investment, the wireless broadband services provider Clearwire.
Intel Capital’s sale of about a tenth of its 102.4 million shares in Clearwire, which is 32.8% of the total stock, will help it to realize tax benefits.
In a filing with US regulator Securities and Exchange Commission, the world’s biggest chipmaker said it periodically rebalanced its equity portfolio based on its goals, the…
