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Intel's Mobileye IPO eyes significantly lower valuation

Summary by Ground News
Intel is considering a significantly lower valuation than previously expected for the initial public offering of its self-driving car unit Mobileye, the Wall Street Journal reported. Mobileye's IPO was originally expected to be worth $50 billion but is now expected to come in at less than $20 billion. The pullback in the IPO's valuation would appear to reflect the turmoil the IPO market has experienced this year.
Published 4 months ago · Santa Clara, United States

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Intel's Mobileye IPO eyes significantly lower valuation

Intel Corp is eyeing a valuation that is significantly lower than previously expected for the initial public offering of its self-driving car unit Mobileye, the Wall Street Journal reported on Monday, citing people familiar with the matter.

4 months ago·United Kingdom
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Intel's Mobileye IPO eyes significantly lower valuation

(Reuters) -Intel Corp is eyeing a valuation that is significantly lower than previously expected for the initial public offering of its self-driving car unit Mobileye, the Wall Street Journal reported on Monday, citing people familiar with the matter.Mobileye, which was originally expected to land a roughly $

4 months ago·Singapore
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Intel's Mobileye Reportedly Mulling Substantially Lower IPO Value

The chip giant's self-driving car unit is now eyeing a valuation of less than $20 billion, down from its original $50 billion target, the Wall Street Journal reports.

4 months ago·New York, United States
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Intel's Mobileye IPO eyes significantly lower valuation

(Reuters) -Intel Corp is eyeing a valuation that is significantly lower than previously expected for the initial public offering of its self-driving car unit Mobileye, the Wall Street Journal reported on Monday, citing people familiar with the matter.Mobileye, which was originally expected to land a roughly $50 billion valuation, is now set to target one of under $20 billion and sell a smaller number of shares than originally planned, according …

4 months ago·San Diego, United States
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Intel's Mobileye IPO eyes significantly lower valuation: Report

Mobileye, which was originally expected to land a roughly $50 billion valuation, is now set to target one of under $20 billion and sell a smaller number of shares than originally planned, according to the report.

4 months ago·India
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Intel Eyes Significantly Lower Valuation in IPO of Mobileye Unit

A target valuation of under $20 billion is expected, down from $50 billion

4 months ago·New York, United States
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Reuters
Channel News Asia
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Investing.com
Barron's
Wall Street Journal
OAN
C 71%
R 29%
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