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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.

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.

Reuters · 1d

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%.

Qualcomm, Intel

Investopedia · 9h

A Late-Friday Takeover Report Fires Up Intel's Stock

A late-Friday report that Qualcomm recently made a "takeover approach" to Intel sent the latter company's shares higher.

The New York Times · 5h

Qualcomm Asked Chip Rival Intel if It Would Consider a Sale

The chipmaker Qualcomm has approached its rival Intel in recent days about the possibility of acquiring the slumping Silicon Valley giant, two people familiar with the matter said Friday, requesting anonymity because the talks were confidential.

Engadget on MSN · 8h

Qualcomm is reportedly eyeing a takeover of Intel

It seems that Qualcomm sees Intel’s struggling business as a potential opportunity. The San Diego-based chipmaker has reportedly expressed an interest in taking over Intel “in recent days,” according to a new report in The Wall Street Journal.

Business Insider1d

Mobileye Global, Inc.: Poised for Growth Amidst Reviving Investor Confidence and Reduced China Exposure

The company’s recent cloud of negative publicity, including two guidance reductions and competitive pressures, has begun to dissipate with Intel’s announcement to retain its stake in Mobileye ...

Fudzilla20h

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: Hit Your Breaks On This One (Downgrade)

Mobileye faces substantial competition, particularly from domestic Chinese rivals. Find out more on MBLY stock here.

What's Going On With Autonomous Driving Stock Mobileye Thursday?

Intel will not divest its majority stake in Mobileye, causing its stock price to rise alongside a U.S. Fed rate cut. Intel ...

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