INTC Jan 2025 25.000 call
- Bloomberg
Mobileye Jumps After Intel Says It Won’t Sell Majority Stake
(Bloomberg) -- 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.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, SubwaysThe Moonshot Plan to Eliminate Deaths
- Insider Monkey
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 list, it deserves a deeper look. Sam Stovall, chief investment strategist at CFRA Research, said while talking to CNBC in a latest program that since 1990, the market on average gains about 18% between the […]
- Reuters
Intel says it has no plans to divest majority stake in Mobileye
Mobileye shares, which are down 73% this year, took a beating earlier in the month after Bloomberg News reported that Intel was looking to sell a portion of its stake in the company. "We believe 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," Intel said in a statement. Intel acquired Mobileye in a $15.3 billion deal in 2017 but relisted its shares five years later through an initial public offering.
