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Reports suggest Intel could receive a fresh valuation for its Altera programmable chip unit through a potential stake sale, with AMD identified as the rival most likely to be affected by the move. The development is part of ongoing efforts by Intel to streamline its business and raise capital amid its broader turnaround strategy. Investors are watching how the Altera transaction could influence competitive dynamics in the programmable logic chip market, where AMD's Xilinx unit is a direct competitor.