Intel Stock Rises on Move to Launch IPO of Mobileye Unit

2 years ago 411

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/intel-intc-stock-mobileye-initial-public-offering-51638868420


Updated Dec. 7, 2021 4:37 americium ET / Original Dec. 7, 2021 4:16 americium ET

  • Order Reprints
  • Print Article

Shares of Intel were rising much than 8% successful premarket trading Tuesday aft the chipmaker said it would beryllium taking nationalist its Mobileye self-driving-car unit.

The archetypal nationalist offering of Mobileye successful the U.S. is planned for the mediate of adjacent year. The move, archetypal reported by The Wall Street Journal, could worth Mobileye astatine much than $50 billion, according to radical acquainted with the matter.

Intel...


Read Entire Article