Mobileye, Intel
Intel says it has no plans to divest majority stake in Mobileye
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 13%.
Intel Says It Won't Sell Mobileye, Ruling Out One Option To Raise Capital
Key Takeaways Intel said it will not sell its majority stake in self-driving technology firm Mobileye.Selling part or all of Mobileye could have raised some capital as part of Intel's larger turnaround plans.
Mobileye Jumps After Intel Says It Won’t Sell Majority Stake
Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology, easing investors’ fears.
Mobileye shares jump as Intel confirms no plans to divest majority stake
Shares in automotive chip maker Mobileye Global Inc. jumped nearly 15% today after its majority shareholder, Intel Corp., said that it has no plans to divest its interest in the company. Reports earlier this month suggested that Intel was considering offloading its 88% stake in the company via public markets or directly to a third party.
Mobileye Stock Jumps. Intel Has No Plans to Sell Its Stake.
Mobileye stock rose 8.6% in premarket trading. Intel shares gained 2.1%. “By providing Mobileye with separation and autonomy, we have enhanced its ability to capitalize on growt
Intel (NASDAQ:INTC) Planning to Keep Mobileye (NASDAQ:MBLY) Stake
While chip stock Intel ($INTC) has done quite a few things to raise cash as it struggles to regain its place in the chip market, one thing that it
Intel’s new gaming CPU boxes just leaked, Core Ultra 9 looks great
The packaging for the new Arrow Lake Intel CPU lineup has been leaked, showing the Core Ultra 9 285K box, plus Core Ultra 7 and 5 boxes.
Intel splits its struggling foundry division into an independent subsidiary
Intel CEO Pat Gelsinger informed employees that the company is transforming its foundry arm into an independent subsidiary, ...
Intel is separating its ailing foundry business from the main company
Intel is turning its foundry business, which manufactures chips for other companies, into an independent subsidiary. The ...
Intel Is Just Getting Started
Intel's future looks promising with subsidies, despite financial struggles and job cuts. Learn more on INTC stock here.
Why Intel, Alphabet, and Mobileye Stocks All Popped Today
That news is behind the surprising strength in shares of Intel stock (up 3% through 11:10 a.m. ET), and in Alphabet (up 1.8%) ...
Intel, once a Silicon Valley star, has been floundering. Now it's mounting a turnaround.
The Silicon Valley chip giant has been in freefall this year, pushing CEO Pat Gelsinger to unveil a turnaround plan for the ...
Intel forges path to probable capital incineration
Intel is a chipmaker, just not one of the exciting ones. Boss Pat Gelsinger is trying desperately to change that: on Monday ...
Intel's Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson?
The Intel bulls have been a bit desperate for some good news to counter all the negativity for some time now. They recently ...
You’ll Wish You Hadn't Ignored Intel Stock
Intel will produce the specialized "AI fabric chip" for Amazon, using its 18A manufacturing process, which is the company’s ...
Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost Cuts
The chipmaker, which has been struggling, said on Monday that it obtained a new government grant, signed a contract with ...
Jim Cramer on Intel Corporation (INTC): It ‘Doesn’t Have The Money To Build Out Everything It Wants To Or Even What It’s Committed To Building’
We recently compiled a list of the Jim Cramer’s Top 12 Must-Watch Stocks. In this article, we are going to take a look at ...