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Intel Considers Selling Part of Its 88%-90% Stake in Mobileye
Sep 5, 2024, 09:27 PM
Intel is considering the sale of part of its stake in Mobileye, its struggling automated driving systems provider. The chipmaker currently holds approximately 88% to 90% of Mobileye. The potential sale could be executed on the public market or through a transaction with a third party. This move is part of a broader strategic review by Intel as it looks to optimize its portfolio, Bloomberg reports.
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