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INTC Mobileye Intel's self-driving-car unit IPO
Intel Corporation
Long
INTC Mobileye Intel's self-driving-car unit IPO
By TopgOptions
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Dec 7, 2021
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Dec 7, 2021
The chipmaker said it would be taking public its Mobileye self-driving-car unit.
The initial public offering of Mobileye in the U.S. is planned for the middle of next year.
The move could value Mobileye at more than $50 billion, Intel being the biggest shareholder.
My short term price target is the 59usd resistance.
Looking forward to read your opinion about it.
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