Intel Plans Potential $50 Billion IPO For Its Israeli Self-Driving Car Unit, Shares Rise

Intel Plans Potential $50 Billion IPO For Its Israeli Self-Driving Car Unit, Shares Rise

Topline Shares of chipmaker giant Intel, which have largely underperformed so far this year, rose by more than 4% Tuesday after the company announced plans to take its self-driving car unit public in 2022 at a potential $50 billion valuation. Intel shares have largely struggled this year but rose more than 4% on the news. …

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