A major transaction involving a past $15.3 billion sale to Intel, concurrent with the founder leading Mobileye through significant growth phases.

The entities involved

• Intel →

  American multinational technology company

  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
  • Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
• Mobileye →

  company that develops advanced driver assistance systems

  • Mobileye was listed on the Nasdaq exchange and combined its technology with Moovit, with Amnon Shashua as CEO.Mon 09:08
  • Mobileye may benefit from potential Trump-era tariffs and onshoring, amidst drama surrounding Tesla.Sun 02:48

Related events

• Amnon Shashua leads Mobileye, which is the residue of Intel's acquisition and spinout. Intel also holds a minority stake in Joby Aviation.Aug 18
• The US government made an investment by acquiring equity in the company Intel.Jun 18
• Intel is focusing on the growth of its CPU franchise, leveraging the background of Altera as a former wholly owned subsidiary.Jul 24
• Manufacturers Life Insurance Company acquired a new stake in Intel stock.Sep 3
• The chip industry, including Micron Technology, Intel, and Samsung Electronics, is facing pressure due to the high costs of the AI infrastructure buildout and investor expectations regarding the AI boom.Jul 7