Mobileye Jumps
Mobileye Soars After Intel Says It Will Not Sell Majority Stake
Mobileye Global Inc. (NASDAQ:MBLY) shares skyrocketed on Thursday after Intel Corp (NASDAQ:INTC) assured investors it would not drop its majority stake in the Israeli autonomous driving company. Mobileye gained 14.
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.
Intel says it has no plans to divest majority stake in Mobileye
Intel said on Thursday it had no plans to sell its majority stake in Mobileye Global , sending shares of the self-driving tech firm up more than 13%.
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.
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 declares no plans to divest Mobileye majority stake
The share price of advanced driving assistance systems (ADAS) company Mobileye Global Inc. (Nasdaq: MBLY) is up 8% in premarket trading after Intel Corp. (Nasdaq: INTC) made it clear that it has no plans to divest its majority stake in the Israeli company.
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.
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.
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
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
Here’s Why Mobileye Is Ending Lidar Development
Mobileye announces plans to end frequency modulated continuous wave (FMCW) lidar development, calling it "less essential," ...
Fudzilla4h
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 ...
Mobileye to shutter lidar development unit; will impact 100 jobs
Self-driving tech firm Mobileye said on Monday it will stop the development of a type of sensor technology that helps detect ...
Mobileye to End Internal Lidar Development
Mobileye (Nasdaq: MBLY) has chosen to end the internal development of next-generation frequency modulated continuous wave ...
Business Insider1d
Intel Says Has No Plans To Divest Its Majority Interest In Mobileye
The company said it believes in the future of autonomous driving technology and in Mobileye's unique role as a leader in the development and deployment of advanced driver assistance systems ...