Intel Has No Plans to Divest Majority Stake in Mobileye
Intel has denied rumors regarding the potential sale of its controlling stake in automotive technology company Mobileye, which is known for its autonomous driving technologies. Company representatives stated that there are no intentions to divest shares, as Mobileye remains a crucial part of their strategic direction in artificial intelligence and autonomous technologies.
Intel acquired Mobileye in 2017 for $15 billion, and since then, the company has continued to implement new solutions aimed at transforming vehicle management and ensuring safety on the roads. Mobileye’s products include driver assistance systems and solutions for fully autonomous vehicles. According to recent data, Intel is steadily investing in the development of new technologies, highlighting the company’s stability and potential in this rapidly evolving market.
The autonomous driving market is becoming increasingly competitive, with companies like Waymo and Tesla actively developing their technologies. However, Intel believes that retaining Mobileye will bolster their position and provide a competitive advantage. Intel representatives clarified that there are currently no plans to sell their stake in Mobileye, emphasizing the importance of this asset for the company’s long-term strategies.
Thus, Intel clarifies its intention to continue developing mobile safety and autonomous driving technologies despite the growing competition in this market segment.
