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Intel did sell some of its holdings last year, though, raising about $1.5 billion from the deal. Mobileye’s market value is now about $11 billion, meaning that Intel would take a loss if it sold ...
Intel said it has no plans to sell its majority stake in self-driving technology firm Mobileye, ... Intel bought Mobileye for $15.3 billion in 2017 and spun it out into a publicly traded company ...
Intel is reportedly considering selling off some of its stake in MobilEye, which was recently near 90%. A Bloomberg report said Intel might offload some of its stake in a public sale or third ...
Founded in 1999, Mobileye provides software and hardware for self-driving systems.Intel already sold part of its stake in Mobileye last year, raising about $1.5 billion from the deal ...
Mobileye gains 14.99% to close at $13.35 on Thursday, marking its largest intraday jump since late October 2022. Intel holds an 88% stake in Mobileye. 9 Out of the Last 10 Summers this "Power ...
(Reuters) -Intel said on Thursday it had no plans to sell its majority stake in Mobileye Global, sending shares of the self-driving tech firm up more than 8% in premarket trading. Mobileye shares ...
Last year, Intel raised an additional $1.5 billion by selling a portion of its Mobileye stake. It’s unclear how many shares Intel plans might sell in the new stock sale it’s reportedly weighing.
Intel could sell up to 88% of its stake in Mobileye, Bloomberg cites familiar sources. The company will decide this at Mobileye’s September board meeting in New York.
Instead, Mobileye got this much-needed quote today: "We believe in the future of autonomous driving technology." Mobileye stock was last seen up 14.1% to trade at $13.27, on track for its best ...
Intel Corp. is considering options for its stake in its struggling automated driving systems provider Mobileye Global Inc. as part of a major strategy overhaul, people with knowledge of the matter ...
Intel could sell up to 88% of its stake in Mobileye, Bloomberg cites familiar sources. The company will decide this at Mobileye’s September board meeting in New York.