Intel to list shares of its Mobileye self-driving-car unit

0 40

Intel Corp.
INTC,
+3.53%
 is planning to publicly list shares in its Mobileye self-driving-car unit, according to people familiar with the matter, the latest move by Chief Executive Pat Gelsinger to revive the semiconductor giant’s fortunes.

The company is expected to announce the move, which could value Mobileye at north of $50 billion, as soon as this week, the people said.

source

You might also like
Leave A Reply

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More