Jefferies Downgrades Intel (INTC) to Hold
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil prices steady as investors weigh US-Iran war escalation
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
- Wall Street indexes fall more than 1%, hit by tech, Iran war worries
Intel to Acquire Mobileye
March 13, 2017 7:30 AM EDTCombining Technology and Talent to Accelerate the Future of Autonomous Driving
NEWS HIGHLIGHTS
Brings together Mobileyes leading computer vision expertise with Intels high-performance computing and connectivity expertise to create automated driving solutions from cloud to car. Positions Intel to accelerate innovation for automakers and to capture fast-growing market opportunity, estimated to be up to $70 billion by 2030. Acquisition expected to be accretive to Intels non-GAAP EPS and free cash flow immediately.SANTA CLARA, Calif. & JERUSALEM--(BUSINESS WIRE)--... More
