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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.
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 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.
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.
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%), and in Mobileye most of all -- up 15.3%!
Mobileye Stock Pops After Intel Reassurance
Autonomous driving stock Mobileye (MBLY) is surging higher today after assurances from majority stakeholder Intel (INTC)
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.
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
6h
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 ...
Shacknews
10d
Mobileye to lay off nearly 100 Lidar development employees, R&D unit to be wound down by end of 2024
Mobileye to exit Lidar R&D by the end of 2024 as autonomous driving company focuses on computer vision efforts.
10d
Mobileye to Shutter Lidar Development Unit; Will Impact 100 Jobs
The company will wind down the R&D unit that works on light detection and ranging, or lidar, by the end of 2024, affecting ...
9d
Mobileye: Investing In The Long-Term Opportunity
Mobileye Global Inc. investors were surprised by a downward revised guidance for the full year 2024. Read why I remain ...
Business Insider
9h
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 ...
2d
on MSN
These Stocks Moved the Most Today: Intel, Mobileye, Microsoft, Hewlett Packard Enterprise, Moderna, SolarEdge, and More
Stocks wavered Tuesday as Wall Street prepared for the first interest-rate cut from the Federal Reserve since 2020.These ...
2d
Dell, Mobileye, HPE: 3 Stocks In Focus
Brief Hosts Seana Smith and Brad Smith break down some of Tuesday's trending tickers on the Yahoo Finance platform Mizuho ...
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