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Vaampire

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1 minute ago, Vaampire said:

Intel to spinoff mobileeye

Mobileye’s revenues have roughly tripled since Intel bought it. It had $326 million of revenue in the third quarter, a 39% year-over-year increase. Intel had over $19 billion in revenue in the period.

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7 minutes ago, Vaampire said:

Intel to spinoff mobileeye

The future of Intel is not just competing against NVDA or AMD but able to build chips for everyone. The foundry business is the X factor since TSMC almost tripled in market cap in the pandemic. The proceeds from spin-off is going to foundry in Arizona 

 

https://finance.yahoo.com/news/why-intel-is-unloading-mobileye-210349263.html

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12 minutes ago, Spartan said:

Mobileye’s revenues have roughly tripled since Intel bought it. It had $326 million of revenue in the third quarter, a 39% year-over-year increase. Intel had over $19 billion in revenue in the period.

There are many players in self driving/robotaxi with insane valuations - Cruise(gm owns with $50 Billion), Wyamo(alphabet - $50 billion), Mobileye - Intel -$50 billion valuation and Argo (VW, NVDA and Ford - $10 B as of last year). Cruise, Wymo and Mobileeye are in advanced trials though

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