Intel Raises $861M From Its Self-Driving Technology Mobileye’s IPO, Starts Trading Today
Intel Corp (NASDAQ:INTC) owned self-driving technology company Mobileye Global Inc priced 41 million shares at $21 per share to raise $861 million.…
Mobileye Priced 41M Share IPO @ $21/Share
Mobileye Global Inc. ("Mobileye") today announced the pricing of its initial public offering of 41,000,000 shares of its Class A common stock at an initial public offering price of $21.00 per share.
China’s ‘Wartime Cabinet’ Is Complete: What Xi Jinping’s Loyalists Mean For US Stocks, Investing, Chip Sector, Taiwan
Xi Jinping has been confirmed for a third five-year mandate as Chinese Communist Party general secretary.
Were he to complete his third term, he would become the longest-running paramount leader since Mao Zedong.
Cadence Joins Intel Foundry Services U.S. Military, Aerospace And Government Alliance To Accelerate Chip Design Development
Innovative Cadence EDA solutions and IP optimized for Intel advanced process technologies
Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced it has joined the new Intel Foundry Services (IFS) U.S. Military,
Intel Whale Trades For October 21
A whale with a lot of money to spend has taken a noticeably bearish stance on Intel.
Looking at options history for Intel (NASDAQ:INTC) we detected 10 strange trades.
More Pain For China? Team Biden’s Tech Curbs May Reportedly Expand To AI, Quantum Computing
The Biden administration is considering the possibility of fresh export curbs that would limit China’s access to some of the most powerful emerging computing technologies including quantum computing and artificial intelligence, reported Bloomber
10 Information Technology Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Hashicorp And Intel Collaborate To Help Platform Teams Improve Cloud Adoption And Migration Efforts
HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced a go-to-market and development collaboration with Intel.
What’s Going On With Intel Shares
Intel Corporation (NASDAQ: INTC) shares are trading lower by 2.16% to $25.85 on reports suggesting the company is seeking a reduced valuation in the IPO of its Mobileye unit.
What Happened?
Deutsche Bank Maintains Hold on Intel, Lowers Price Target to $32
Deutsche Bank analyst Ross Seymore maintains Intel (NASDAQ:INTC) with a Hold and lowers the price target from $35 to $32.