Fool.com contributor Parkev Tatevosian elaborates on what this recent news could mean for Intel (NASDAQ: INTC) stock investors. *Stock prices used were the afternoon prices of Sept. 17, 2024. The video was published on Sept.

Intel stock (INTC) popped 6% early on Sept. 17 after the chip maker announced plans to separate its foundry business into an independent unit with its own board and the ability to raise outside capital.

Intel stock (NASDAQ: INTC) is trading at about $19 per share, its lowest point in over a decade. Could the stock rise by over 3x per share in the next few years? Does this sound a bit ridiculous? Consider this - Intel stock was trading at levels of about $60 per share just about three years ago.

Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology, easing investors’ fears.

Mobileye stock rose 8.6% in premarket trading. Intel shares gained 2.1%. “By providing Mobileye with separation and autonomy, we have enhanced its ability to capitalize on growt

Thursday is looking like a great day to own stocks, and tech stocks in particular -- especially tech stocks tied to autonomous cars. If you own shares of Mobileye (NASDAQ: MBLY) or Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) today,

Key Takeaways Intel said it will not sell its majority stake in self-driving technology firm Mobileye.Selling part or all of Mobileye could have raised some capital as part of Intel's larger turnaround plans.

Shares in Mobileye (NASDAQ:MBLY) surged in premarket US trading on Thursday after the Israeli autonomous driving firm's majority shareholder Intel (NASDAQ:INTC) announced that it has no plans to divest its stake.