Intel Just Made a Huge Bet on the Automotive Industry - GuruFocus.com

Financial Express
Intel Just Made a Huge Bet on the Automotive Industry
GuruFocus.com
Intel (NASDAQ:INTC) made a huge strategic move into IoT by agreeing to buy Israeli driverless technology firm Mobileye (NYSE:MBLY) for $15.3 billion. According to the terms of the agreement, Intel will acquire all the shares of Mobileye for $63.54 per ...
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