[Apparently Altera got a 12-year exclusive deal. Bet the exclusive part of that cost some coin. Bump for Intel...]
"Well, how long that lasts – and how long rival Xilinx remains outside of Intel's fabs – is an open question. Intel surely wants all three FPGA makers to keep the wafer bakers warm and cover some of the billions of dollars that Chipzilla invests in foundries. Right?
Wrong. The terms of the deal cut between Intel and Altera were not disclosed, but apparently Intel did not keep its options open with the deal it cut with Altera. According to a report in the Wall Street Journal, Intel agreed to a twelve-year deal with Altera and said that the other major suppliers of FPGAs – that is mainly Xilinx – would not be given access to Chipzilla's fabs."
I see it as a positive for the stock price for the following reasons:
1.) Intel isn't going to give Altera a 12-year exclusive unless the price is right.
2.) Intel isn't going to lock others (like Xilinx) out of a contract unless they are confident in filling capacity from other sources.
3.) A 12-year deal with Intel means ARM won't have this business for over a decade.