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Mobileye, Intel
Intel says it has no plans to divest majority interest in Mobileye
Despite speculation to the contrary, Intel (NASDAQ:INTC) said on Wednesday that it has no current plans to divest its majority holding of autonomous driving company Mobileye (NASDAQ:MBLY). "As the majority shareholder in Mobileye,
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%!
Mobileye shares spike after Intel says it has no plans to divest majority stake
Shares in Mobileye (NASDAQ:MBLY) surged in premarket US trading on Thursday after the Israeli autonomous driving firm's majority shareholder Intel (NASDAQ:INTC) announced that it has no plans to divest its stake.
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.
Mobileye’s stock surges as Intel gives this reassuring sign
Mobileye and Intel shares have both been under heavy pressure this year, but Intel says it has no current plans to sell its majority stake, as some had feared.
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, Amazon
Intel to Make Custom AI Chip for Amazon
Intel CEO Pat Gelsinger has landed Amazon’s AWS as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction in the US and boosting his efforts to turn around the embattled chipmaker.
$30 In Sight for Intel Stock After Amazon AI Chip Win?
Intel stock (NASDAQ: INTC) rallied by close to 6% in Monday’s trading and gained by another 8% in after-hours trading, taking the stock to levels of about $22 per share. Intel stock still remains down by over 50% year-to-date.
Embracing AI Could Turnaround Intel’s (NASDAQ:INTC) Stock
After years of decline, Intel ($INTC) looks positioned for a comeback. Embracing opportunities in artificial intelligence (AI), strong
5h
on MSN
Analyst Downgrades Intel (INTC) On Competition from AMD, Valuation
We recently published a list of 10 Trending AI Stocks to Watch in September. Since Intel Corp (NASDAQ:INTC) ranks 8th on the ...
7d
Will Intel Stock Be Dropped From the DOW? Here’s What This Investor Expects
For Intel (NASDAQ:INTC), 2024 has been nothing short of disastrous. Once a Silicon Valley pioneer, the company now finds ...
TipRanks on MSN
23h
Intel (NASDAQ:INTC) Continues Plans to Separate Its Foundry
Chip stock
Intel
(INTC) has had a rocky path lately, but there are some signs that things may be about to improve. One of ...
23h
on MSN
Intel Corporation (NASDAQ:INTC): There is No Evidence of AI-Driven PC Refresh Cycle
We recently published a list of 10 AI News and Analyst Ratings You Should Not Miss. Since Intel Corporation (NASDAQ:INTC) ...
1d
‘Don’t Pull the Trigger Just Yet,’ Says Stifel About Intel Stock
Bottom line, Roy rates Intel shares a Hold (i.e., Neutral), although he might have just as well said Buy given his $28 price target suggests the shares have a one-year upside of 30%. (To watch Roy’s ...
Seeking Alpha
5h
Intel: Gelsinger's Optimism Isn't Enough To Turn Around Its Sinking Ship
Intel
Corporation (
NASDAQ
:INTC) (NEOE:INTC:CA) investors have endured a challenging two months, although its bearish ...
7h
on MSN
Huge News for Intel Stock Investors
Fool.com contributor Parkev Tatevosian discusses the latest developments for Intel (NASDAQ: INTC) stock investors. *Stock ...
10d
Intel Might Need to Shrink to Grow Again
Intel's troubles started with a difficult transition from 14 nanometer to 10nm chips (2018-2019) and worsened with even more ...
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