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Intel to Checklist Shares in Mobileye Unit

Intel to Checklist Shares in Mobileye Unit

Intel Corp. is planning to publicly listing shares in its Mobileye self-driving-car unit, in accordance with individuals accustomed to the matter, the most recent transfer by Chief Govt Pat Gelsinger to revive the semiconductor big’s fortunes.

The corporate is anticipated to announce the transfer, which might worth Mobileye at north of $50 billion, as quickly as this week, the individuals stated.

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