Volkswagen Group intensifies collaboration with Mobileye (MBLY)
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BofA Securities 'Incrementally positive on potential 2H recovery' for Intel (INTC)
March 21, 2024 6:17 AM EDTBofA Securities analyst Vivek Arya reiterated a Neutral rating and $50.00 price target on Intel (NASDAQ: INTC).
The analyst comments "We hosted INTC CFO David Zinsner and IR Head John Pitzer for a well-attended investor dinner in Santa Clara on Tuesday. Management highlighted: 1) Enterprise AI... More
CFRA Stays Sidelined on Intel (INTC) Even Though 'we like potential growth prospects'
March 20, 2024 2:17 PM EDTCFRA analyst Angelo Zino reiterated a Hold rating and $45.00 price target on Intel (NASDAQ: INTC).
The analyst comments "
INTC has been awarded $8.5B in grants from the CHIPs Act, in line with our expectation, which will be used to help support... More
Volkswagen ADMT Announces Agreement With Mobileye (MBLY) for Autonomous Driving
March 20, 2024 7:57 AM EDTAutonomous driving is coming. Following an extensive pilot phase with road testing in Germany and the USA, Volkswagen ADMT GmbH, part of Volkswagen AG, is announcing a cooperation agreement with the technology company Mobileye Global Inc. Mobileye shall develop and supply software, hardware components and digital maps for the self-driving ID. Buzz AD.
The main part of the agreement covers delivery and use of a self-driving system (SDS) for a special version of the ID. Buzz, which has been under development for autonomous driving since 2021. It corresponds to the so- called Level 4 definition of the Society of Automotive... More
