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Mobileye Stock Plunges After Revenue Warning. Why It's Bad News for Intel.
IntelIntel(US:INTC) Barrons·2024-01-04 20:56

Mobileye Global shares were diving on Thursday after the autonomous-driving systems company said it expects a 50% fall in revenue in the first quarter of the year. The disappointment is also a blow to its former parent and majority shareholder Intel.  ...