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Stay current with all the latest and breaking news from Intel, compare headlines and perspectives between news sources on stories happening today. In total, 12 stories have been published about Intel which Ground News has aggregated in the past 3 months.

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Intel unit Mobileye prices IPO above range to raise $861 mln -source
Electric Vehicles · New York

Intel unit Mobileye prices IPO above range to raise $861 mln -source

50% Center coverage: 10 sources
Mobileye Global Inc (MBLY.O), the self-driving unit of chip maker Intel Corp (INTC.O), raised $861 million in an initial public offering (IPO) on Tuesday, braving the trading volatility that has thwarted many stock market hopefuls, according to a person familiar with the matter. Mobileye priced 41 million shares at $21 per share, the source said, requesting anonymity ahead of an official announcement. The company had previously guided the IPO could be priced at between $18 and $20 per share.See the Story
Intel's Mobileye IPO eyes significantly lower valuation
Self-Driving Vehicles · Santa Clara

Intel's Mobileye IPO eyes significantly lower valuation

71% Center coverage: 7 sources
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.See the Story
Intel plans to cut thousands of jobs hit by PC slowdown
Business · Mountain View

Intel plans to cut thousands of jobs hit by PC slowdown

Coverage: 19 sources
Chipmaker Intel Corp is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market, Bloomberg News reported on Tuesday, citing people with knowledge of the situation.See the Story

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