​Mobileye Hits Record Low On Report Intel May Offload Partial Stake In Public Market  – Tyler Durden

Mobileye Hits Record Low On Report Intel May Offload Partial Stake In Public Market  Shares of Israeli autonomous driving company Mobileye Global plunged to a record low on Friday in New York after a Bloomberg report, citing sources, indicated Intel could be preparing to dump some of its stake in the software company on the public market or through a sale to a third party. This comes as the dumpster fire at Intel rages on as Intel CEO Pat Gelsinger prepares to pitch the chipmaker’s board of directors on a turnaround plan. The chipmaker could offload some of its 88% holding in Mobileye on the public…  — Continue at ZeroHedge News : Read More