Intel is moving forward with plans to list its Mobileye self-driving car unit, offering a boost to the troubled IPO market
Intel Corp . is pressing ahead with its plans to publicly list shares in its Mobileye self-driving-car unit, giving a boost to the IPO market that has been under pressure this year from turmoil in the stock market.
Mobileye said Friday it filed for its IPO with the Securities and Exchange Commission. The company didn’t give an expected size for its IPO, nor did it give an anticipated price range. The Wall Street Journal last year reported Mobileye , citing people familiar with the matter, though that came before the IPO market softened in recent months.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Porsche Is Going Public At €82.50 A Share, Valuing Company At €75 Billion | CarscoopsPorsche Is Going Public At €82.50 A Share, Valuing Company At €75 Billion | Carscoops carscoops
Read more »
Ram 2500HD Rebel, Lamborghini Urus S, Porsche IPO: Today's Car NewsRam's big off-roader, Lamborghini's updated Urus, and Porsche's share float all made headlines today.
Read more »
Lead Through Uncertainty: 3 Key Factors for Tech CEOs to Consider During an IPOTech CEOs 👋 Market conditions have dramatic effects on the initial public offering process. Here are 3 questions to consider before continuing down the path of an IPO during uncertain economic conditions 👉 GartnerHT
Read more »
Breakingviews - Porsche IPO leaves VW stock in Skoda territoryVolkswagen investors should be cheering. The German carmaker’s listing of its Porsche subsidiary has been a rip-roaring success: it priced at the top end of the range amid a volatile market. By selling a 25% stake parent VW will raise 19.5 billion euros, much of which can help its electric vehicle transition, and they now have a market-endorsed value for the luxury unit. Unfortunately, the net effect is to make Volkswagen look more like a Skoda.
Read more »
2023 Lamborghini Urus S, Porsche IPO, And Citroen Oli Concept: Your Morning Brief | Carscoops2023 Lamborghini Urus S, Porsche IPO, And Citroen Oli Concept: Your Morning Brief | Carscoops carscoops
Read more »
Intel's self-driving car division Mobileye files for IPOThe move to list Mobileye on the New York Stock Exchange is part of Intel's broader strategy to turn around its core business.
Read more »