Workflow
Mobileye Stock Pops After Intel Reassurance
IntelIntel(US:INTC) Schaeffers Investment Researchยท2024-09-19 15:10

Intel said it has no plans in divesting its majority stake in the autonomous driving companyMobileye 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. The autonomous driving company got some relief after Intel (INTC) -- which owns a majority stake in Mobileye -- said it had no plans to divest its stake. There were concerns among investors after a Bloomberg report earlier in September in ...