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Mobileye, Intel
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.
Intel says it has no plans to divest majority stake in Mobileye
Struggling chipmaker Intel said on Thursday it had no plans to divest a majority stake in Mobileye , sparking an 8% rise in the self-driving tech firm's shares in premarket trading.
Mobileye’s stock surges as Intel gives this reassuring sign
That majority shareholder is Intel Corp. which is struggling to get back on track after a series of technological missteps. Intel is also in the midst of a costly bid to regain manufacturing leadership and to serve as a foundry that makes chips for other semiconductor companies.
Intel Says It Won’t Sell Majority Stake in Mobileye
Mobileye Global shares surged the most in nearly two years after Intel said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology.
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 Mobileye, which develops technology self-driving vehicle companies. Selling part or all of Mobileye could have raised some capital as part of Intel's larger turnaround plans.
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
7h
on MSN
Intel decimates Apple to take battery life crown
Lenovo jumped the gun with a battery life test of Intel's upcoming Lunar Lake CPUs, and they absolutely clobber Apple. The ...
1d
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 ...
Opinion
9h
on MSN
Opinion
Intel’s stock ranks dead last in the chip sector by this measure
Earlier this week we listed 13 stocks of semiconductor manufacturers and makers of related equipment that were most favored ...
2d
on MSN
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 ...
2d
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 ...
1d
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 ...
8h
Intel’s CPU lineups might get even more confusing
New leaks are giving us a better idea of all the Core 200 CPUs that are on the way in the near future, and it's not just ...
2d
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 ...
4h
Intel’s long-shot turnaround hits a critical stage
Under Gelsinger, Intel has made up much of its lost ground in process technology. Without that, no revival would have been ...
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