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The Latest Breaking News from Mobileye

Mobileye IPO Would Value Self-Driving Car Company At $16 Billion

Intel stock edged up Monday, as it gets ready to spin off its self-driving tech company Mobileye, which could raise $820 million.

Investors Business Daily

In A Down Year For IPOs, The Valuation Of Intel's Mobileye Gets Slashed

Intel's initial public offering for its self-driving technology unit Mobileye values the company at less than a third of previous estimates.

Investors Business Daily

Complete Exit For Exxon From Russia, Microsoft's Layoffs, Another Setback For Boeing's Potential 737 MAX 7 Approval, Visa & Mastercard Under FTC Probe: Top Stories Tuesday, Oct. 18

Reuters Exxon Exits Russia Completely After Putin Seizes Company's Properties

Benzinga

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Tech IPOs Not Returning to the Market Anytime Soon

The volatility in the stock market and a higher interest rate environment is preventing tech companies from going public.

The Street

Top Financial Stories Tuesday, September 13: Elon Musk's Takeover Set To Get Twitter Shareholder Approval, Intel Slashes Mobileye IPO Valuation, Goldman Sachs To Layoff About 500 Jobs And More…

Wall Street Journal

Benzinga

3 Semiconductor Stocks to Consider Buying This Correction

Semiconductor stocks have finally started to drop after outperforming from March 2020 to January 2022. There are valid reasons to worry about the downside including a cyclical downturn in tech spending. However, the industry is poised for long-term growth, and these 3 stocks are trading at very attractive valuations: Intel…

StockNews.com

IPO Market Stalls With Potential Blockbuster Deals Waiting For Rebound

Though IPOs in the first quarter plunged to their lowest level in six years, many companies are in the pipeline ready to go public.

Investors Business Daily

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Tesla's Elon Musk Is Getting The Attention Of German Automakers

Elon Musk is capturing the attention of Germany's finest in the auto sector. Der Spiegel reports on Tesla's agility (and creative) management of the chip crisis.

InsideEVs

Is Mobileye IPO A Good Investment?

Since the advent of digitalization and connectivity-based platforms, industry leaders looked to the world’s transportation networks as the battleground for the next disruptive technology.

Benzinga

Intel Wants to Free Its Autonomous Driving Unit. Here's Why It Matters.

The company is tying its own growth to the growth of autonomous driving through its Mobileye unit.

The Street

Intel's Autonomous Car Driving Unit Confidentially Files For US IPO

Intel Corp's (NASDAQ:INTC) self-driving car unit, Mobileye, has confidentially filed paperwork for a U.S. IPO, Reuters reports. The IPO could value the Israeli unit at over $50 billion. Intel acquired Mobileye for $15.3 billion in 2017 to fire up rivalry with Nvidia Corp (NASDAQ:NVDA) and Qualcomm Inc (NASDAQ:QCOM) in developing driverless systems for automakers. Intel CEO Pat Gelsinger…

Benzinga

Intel’s Mobileye, Partners to Launch Self-Driving Shuttles in US in 2024

Intel Corp's Mobileye unit plans to build and deploy self-driving electric shuttle vehicles with its partners in the United States in 2024, in a bid to scale up its automated driving systems beyond taxis and delivery vehicles, executives told Reuters. Mobileye, Benteler EV Systems and Beep will launch the on-demand…

Asharq Al-Awsat

Intel's Mobileye Targets US Autonomous Electric Shuttles From 2024

Intel Corp's (NASDAQ:INTC) Mobileye unit looks to build and deploy self-driving electric shuttles with its partners in the U.S. in 2024. Mobileye, Benteler EV Systems, and Beep will launch the on-demand driverless shuttles, which will feature 12 to 14 seats and no steering wheel or pedal, Reuters reports. They will operate the vehicles in…

Benzinga

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