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The Latest Breaking News from Mobileye

Addition by Subtraction: Intel’s New Strategy Energizes Investors

Intel's shutdown of its automotive chip business signals a new strategic discipline, allowing for a sharpened focus on its core PC and data center markets.

MarketBeat

Volkswagen unveils robotaxi destined for Uber’s Los Angeles fleet, and the first 500 will be delivered next year

Volkswagen doesn’t want to leave the autonomous ride-hailing market—estimated to grow to over half a trillion dollars by 2035—to Big Tech.

Fortune

Billionaire Investor Steve Cohen Is Buying Up Mobileye Stock. Should You?

Here’s what this iconic investor might like about Mobileye now.

Barchart

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3 Stocks Powering the Future of Autonomous Driving

Robotaxis are on their way as the new administration will accelerate their arrival, but these autonomous vehicles need key components to operate smoothly.

MarketBeat

Lyft Plans To Launch Fleet Of Robotaxis

Lyft's CEO announced what city will see the first of the autonomous vehicles.

International Business Times

Mobileye's High Short Interest Signals Squeeze Potential

Mobileye is well-positioned within the autonomous driving industry and can take share while deepening penetration with OEMs globally.

MarketBeat

Elon Musk and Trump Push for Self-Driving Cars: 3 Stocks to Gain

Trump-era shifts may accelerate autonomous vehicles, benefiting stocks like Mobileye, Ouster, and Aurora with opportunities in the growing AI-driven market.

MarketBeat

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Intel lost $16.6 billion in Q3, reports $13.3 billion in revenue

Restructuring charges and new products ramp deepen Intel losses to $16.6 billion as products group remain profitable.

Tom’s Hardware

Rimac, Maker Of Million-Dollar Hypercars, Just Launched A Robotaxi

The maker of the insanely fast, exorbitantly priced hypercars now plans to mass deploy a robotaxi across the world.

InsideEVs

The Maker of the World’s Fastest EV Just Beat Tesla to a Robotaxi Reveal

Rimac may be known for its record-breaking all-electric Nevera hypercar, but it just unveiled the Verne robotaxi ahead of Tesla’s anticpated reveal in August.

Inverse

Is This Chip Giant a Buy Near 52-Week Lows for Its Attractive Dividend?

Intel is one of those dot-com stocks that have yet to reclaim their all-time highs after nearly 25 years. Is the stock a buy now, including for its 1.6% dividend yield?

Barchart

Intel's CEO Is Buying Mobileye Stock, Should You?

Pat Gelsinger is loading up on the self-driving company's shares, along with Intel stock. Here's a closer look at what's driving the insider buying activity on MBLY.

Barchart

This Underperforming Chip Stock Wants to Take On Nvidia. Is It a Buy?

With YTD losses in excess of 40%, Intel is the worst-performing S&P 500 constituent in 2024, and has completely missed out on the rally in chip stocks that helped catapult Nvidia to record highs. Is INTC stock a buy after its long stretch of underperformance?

Barchart

Intel's revenues are up year-over-year, but foundry unit loses $2.5 billion

Almost all of Intel's business units were profitable in Q1, except manufacturing unit that made record $2.5 billion loss.

Tom’s Hardware

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Kiplinger

Stock Market Today: Stocks Finish Mixed Ahead of Fed Week

Intel fell sharply after giving weak Q1 guidance, while fellow Dow Jones stock American Express popped on its strong full-year forecast.

Top News

Mobileye's Q3 Profits Exceed Expectations

Mobileye, a global leader in advanced driver assistance systems, has exceeded profit expectations in its latest quarterly results, showcasing the company's...

Barchart

Is the Autonomous Driving Craze for Real After Mobileye Stock Plunges?

Mobileye stock plummeted Thursday after the company warned of a steep fall in its Q1 revenues. The company's tepid guidance is yet another reminder of the continued turmoil in the EV and autonomous driving industry.

Kiplinger

Stock Market Today: Nasdaq Logs Longest Daily Losing Streak Since 2022

The tech-heavy index closed lower for a fifth straight session as Mobileye and Walgreens Boots Alliance spiraled.

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AnandTech

Intel Reiterates: We Are Not Going to Spin Off IFS

When Intel struggled with its 10nm process technology a few years ago, some investors suggested that the company would be better-off spinning its chip production into an independent foundry, leaving the core of the company to focus on chip design instead. Bucking these calls, however, Intel opted to keep chipmaking…

InsideEVs

Virtual Power Plants, Autonomous 'Chauffeur' Driving, Korean EVs: All The Polestar Day News

Polestar has big plans from autonomy to charging to new models and much, much more. Let's dig in.

Polestar 4 promises level 3 autonomous driving on highways thanks to new LiDAR tech

The Mobileye Chauffeur system on the Polestar 4 will also include Luminar LiDAR to allow eyes-off driving on motorways

AnandTech

Intel to Spin-off Programmable Solutions Group as Standalone Business, Eyeing IPO in 2-3 Years

Intel this afternoon has announced that the company will be spinning off its programmable solutions group (PSG), to operate as a standalone business. The business unit, responsible for developing Intel’s Agilex, Stratix, and other FPGA products, will become a standalone entity under Intel’s corporate umbrella starting in Q1 of 2024,…

Barchart

Chart of the Day: Intel (INTC) Could Be Basing for Recovery Rally

The Barchart Chart of the Day belongs to Intel (INTC) . I found the stock by using Barchart.com to find the "Barchart New Highs" page, and then I clicked on pull-down to select stocks with new 52-week highs. I then viewed the stocks on the list with the FlipCharts feature....

InsideEVs

Polestar 4 To Get Mobileye's Chauffeur Eyes-Off, Hands-Off ADAS

The system will offer eyes-off, hands-off, point-to-point autonomous driving on highways, as well as eyes-on automated driving for other environments.

InsideEVs

Volkswagen Launches Autonomous Vehicle Test Program In The US

The all-electric Volkswagen ID. Buzz AD microbus will enter ride-hailing service in Austin from 2026

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