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Intel to Record Shares in Mobileye Unit

Intel to Record Shares in Mobileye Unit

Intel Corp. is planning to publicly checklist shares in its Mobileye self-driving-car unit, in line with individuals aware of the matter, the most recent transfer by Chief Government Pat Gelsinger to revive the semiconductor big’s fortunes.

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

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