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Benzinga on MSN · 18h

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.

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%.

MarketWatch on MSN · 1d

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.

8don MSN

Here’s Why Mobileye Is Ending Lidar Development

Mobileye announces plans to end frequency modulated continuous wave (FMCW) lidar development, calling it "less essential," ...

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 ...

1d

Nvidia Is Yesterday's News: These 2 Artificial Intelligence (AI) Stocks Are Poised to Skyrocket Up to 1,050%, According to Select Wall Street Pundits

Thus far, semiconductor behemoth Nvidia ( NVDA 3.97%) has been the undisputed beneficiary of the rise of AI. But according to ...

Bollinger Motors starts serial production of B4 Chassis Cab

The 2025 model year of Bollinger Motors' all-electric B4 Chassis Cab will sell from 158,758 (MSRP). Series production kicked ...

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 ...

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