​Intel Reveals “No Plans To Divest Majority Interest” In Mobileye, Shares Rebound – Tyler Durden

Intel Reveals “No Plans To Divest Majority Interest” In Mobileye, Shares Rebound Rumors from Bloomberg reporters earlier this month about Intel considering a divestment in Israeli autonomous driving firm Mobileye Global has been debunked by the chipmaker this morning.  “As the majority shareholder in Mobileye (MBLY), Intel has an unwavering focus on value creation and are excited about the future of its business,” Intel wrote in a statement.  Intel said, “We currently do not have any plans to divest a majority interest in the company,” adding, “By providing Mobileye with separation and autonomy, we have enhanced its ability to capitalize on…  — Continue at ZeroHedge News : Read More