Intel Is Getting Rid of Its Auto Business. How Should You Play INTC Here?

Over the past few years, Intel (INTC) has navigated significant headwinds, from executive turnover and foundry delays to rising investor pressure, while rivals like Advanced Micro Devices (AMD) and Nvidia (NVDA) captured market‑leading gains. Yet Intel’s vast manufacturing footprint and deep R&D engine continue to anchor solid PC and data‑center demand.

Now, Intel is winding down its in‑house automotive unit and laying off most of its staff, though it will honor existing contracts. This unit, once tasked with designing vision‑processing and advanced driver‑assistance systems (ADAS) chips, struggled against leaner, more specialized competitors. Moving forward, Intel plans to rely on its equity position in Mobileye (MBLY) for autonomous‑driving exposure rather than funding its own capital‑intensive auto‑chip line.