Intel Pronounces Plan to Promote $1.5 Billion Stake in Mobileye
Intel Corp (INTC.O) has filed a regulatory doc stating its plan to produce 35 million shares of Class A typical stock, equal to a stake worth roughly $1.5 billion, in Mobileye World Inc (MBLY.O). This switch signifies Intel’s intention to cut back its current possession share inside the self-driving know-how agency from 99.3% to spherical … [Read more…]