Intel provided Wall Street with some good news after a slew of negative headlines in recent months.
(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
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 […]