Intel Corporation (INTC)
Intel Says It Won't Sell Mobileye, Ruling Out One Option To Raise Capital
Intel (INTC) said Thursday it has no plans to sell its majority stake in self-driving technology firm Mobileye (MBLY), ruling out one potential cost-saving option for the beleaguered tech giant.
Intel (INTC) the "Catalyst to Spark Flame" for Mobileye (MBLY)
Shares for Mobileye (MBLY) soared off the news that Intel (INTC) has no plans to sell its majority stake in the company. It's a tailwind for Mobileye after recently hitting its all-time low, but Kevin Green says more work that needs to be done for the company to continue its uptrend.
Why Intel, Alphabet, and Mobileye Stocks All Popped Today
Tech stocks rebounded a day after the Federal Reserve cut interest rates by 0.5%. On top of that, Intel denied plans to sell its Mobileye investment this morning, sparking enthusiasm for driverless car stocks.
Mobileye Stock Pops After Intel Reassurance
Mobileye Global Inc (NASDAQ:MBLY) is near the top of the Nasdaq Composite (IXIC) today, and that's saying something considering the broad-market burst from tech stocks this morning.
Mobileye's stock surges as Intel gives this reassuring sign
Mobileye and Intel shares have both been under heavy pressure this year, but Intel says it has no current plans to sell its majority stake, as some had feared.
Anti-Defamation League joins discrimination lawsuit against Intel
Anti-Defamation League CEO Jonathan Greenblatt joins 'Squawk Box' to discuss the organization's decision to join an employee discrimination lawsuit against Intel, antisemitism in campus, and more.
Mobileye Stock Jumps. Intel Has No Plans to Sell Its Stake.
A report had said Intel was exploring selling part of its stake in the autonomous-driving company.
Intel's stock ranks dead last in the chip sector by this measure
These 10 semiconductor companies are least favored by analysts.
Intel says it has no plans to divest majority stake in Mobileye
Struggling chipmaker Intel said on Thursday it had no plans to divest a majority interest in Mobileye , sparking an 8% rise in the self-driving tech firm's shares in premarket trading.
Huge News for Intel Stock Investors
Shareholders are skeptical of Intel's plans to gain market share in the semiconductor industry.
Intel's Rebound: Why I Am Skeptical
Intel stock remains a hold despite being at multi-year lows due to poor earnings, weak guidance, and management struggles. Intel's long-term performance is dismal, with the stock down 42% over the last decade, indicating chronic underperformance. A new CEO, preferably an outsider, could potentially drive significant corporate culture reform and improve Intel's competitive position.
Intel's Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson?
Intel won a $3 billion contract from the government to manufacture chips in the U.S. Intel also expanded its relationship with Amazon. While those are positive signs, Intel needs to overhaul its culture to be successful.
