Jim Cramer Says Intel Will Split Into Two Companies

Jim Cramer says Intel could soon split up its business into two separate companies.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Intel (INTC) - Get Report may soon split up. 'This [idea] wasn't shot down by CEO Brian Krzanich when I interviewed him,' Cramer said. On Tuesday, Intel also said it would cut 12,000 jobs.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.