Mobileye Shares Jump after Intel Confirms No Divestment Plans
Thursday, 19 September 2024, 15:33
Mobileye shares surged nearly 15% today as Intel announced it has no plans to divest its majority stake in the automotive chip maker. This news sent positive signals about the stability and future prospects of Mobileye. Investors reacted favorably, reflecting confidence in the partnership between Mobileye and Intel.
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