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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.

Hosted on MSN · 23h

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.

SiliconANGLE · 21h

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.

Fudzilla11h

Intel says it will not flog off Mobileye

We are not that broke yet While Chipzilla is talking about flogging off its family silver and spinning off bits of itself, it ...

10d

Mobileye: Bright Future, But Intel Overhang Is A Problem

Mobileye Global Inc.'s stock has plummeted due to poor performance, and the Lidar development news isn't necessarily helpful.

Business Insider1d

Intel Says Has No Plans To Divest Its Majority Interest In Mobileye

(RTTNews) - Chip giant Intel (INTC) Thursday reported that it has no plans to divest its majorit interest in Mobileye. "As the majority shareholder in Mobileye (MBLY), Intel has an unwavering ...

What's Going On With Autonomous Driving Stock Mobileye Thursday?

Intel will not divest its majority stake in Mobileye, causing its stock price to rise alongside a U.S. Fed rate cut. Intel ...

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