Intel to list Mobileye shares in the U.S. market in 2022
The move will reportedly value the company to more than $50 billion
By Yashasvini Razdan
Published - Dec 07, 2021, 04:26 PM ET
Last Updated - Feb 12, 2024, 01:44 PM EST
Intel will list the shares of its self-driving car division via an IPO
The move will reportedly value the company to more than $50 billion
Intel announced its plans to publicly list the shares of its self-driving car division, Mobileye, in the U.S., in 2022, via an initial public offering (IPO).
Wall Street Journal reported that the move could value the company to more than $50 billion.