The move to list Mobileye on the New York Stock Exchange is part of Intel's broader strategy to turn around its core business.
Mobileye, an Intel-owned company that makes key processors for self-driving cars, has filed for an IPO, according to an SEC filing on Friday.
Mobileye's CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021.Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to aMobileye's filling indicates strong revenue growth for the Israeli-based subsidiary, from $879 million in sales in 2019, to $967 million in 2020, to $1.39 billion last year.
Intel previously said that it would use some funds from the Mobileye listing to build more chip factories as it embarks on a capital-intensive process to become a foundry for other chipmakers.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Mobile PD announces new crime tip hotlineThe Mobile Police Department has a new crime tip hotline aimed at making anonymous reporting of crimes, gun violence and other suspicious incidents fast and easy.
Les mer »
Stunts & Lifts return to Mobile County Cheer after being grounded for 30 yearsAn injury -- followed by a lawsuit 30 years ago banned cheer teams in Mobile County Public Schools from doing stunts and lifts. Last school year -- the school board reversed that decision and as FOX 10′s Lee Peck shows us -- it’s a move that’s taking cheering in Mobile County to new heights.
Les mer »
Cruise’s Self-Driving Cars Are Blocking San Francisco Traffic And Making Real Drivers Mad | CarscoopsCruise’s Self-Driving Cars Are Blocking San Francisco Traffic And Making Real Drivers Mad | Carscoops carscoops
Les mer »
Look out for that sofa!If you've ever swerved to avoid an obstacle on the highway, you'll understand why Aurora Innovation is teaching its self-driving trucks to be prepared for anything — including shredded tires or errant sofas.
Les mer »
Arizona Department of Transportation adds new requirements to driving testThe Arizona Department of Transportation's Motor Vehicle Division made the driving portion longer and is requiring instructors to check the car before the test.
Les mer »