![](https://www.itbear.com/wp-content/uploads/2024/07/image-133-300x200.png)
Mobileye
![Intel Corporation Announces Strategic Divestment of Mobileye Shares](https://www.itbear.com/wp-content/uploads/2023/06/image-21-600x289.png)
Intel Corporation Announces Strategic Divestment of Mobileye Shares
June 6, 2023 – In a significant development, Intel Corporation has made a strategic move by divesting 35 million Class A shares of Mobileye, a renowned Israeli autonomous driving technology company. With a total value of approximately $1.5 billion (equivalent to around 10.65 billion Chinese yuan at current rates), this decision has resulted in a…