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Mobileye, Intel
Mobileye’s stock surges as Intel gives this reassuring sign
Mobileye and Intel shares have both been under heavy pressure this year, but Intel says it has no current plans to sell its majority stake, as some had feared.
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.
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%!
Intel says it has no plans to divest majority stake in Mobileye
(Reuters) -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. Shares of Mobileye had taken a beating earlier this month after Bloomberg reported that Intel was looking to sell a portion of its stake in the company.
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
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.
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
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 ...
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 ...
Opinion
16h
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
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 ...
4h
on MSN
House Intel chmn. on foreign hackers targeting Trump team
Puppy thinks he's lost his owner in the park and is looking for her!
Opinion
Townhall
10h
Opinion
Intel and the U.S. Lose Their Bet on ESG
ESG is part of why Intel’s costly Arizona fab expansions are there to begin with. The Commerce Department strongly suggested ...
2d
Intel foundry business to make custom chip for Amazon, chipmaker's shares jump
Amazon's AWS cloud computing division already designs several chips for use in its data centers and has hired Intel to ...
2d
Intel scores Amazon AI chip deal, reigniting hopes for a turnaround
The announcement comes after Intel secured up to $3 billion in direct funding under the US CHIPS and Science Act.
2d
Intel CEO Moves to Further Cut Costs and Separate Chip Making and Design
Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.
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 ...
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