Intel’s autonomous driving unit Mobileye confidentially files for U.S. IPO, which could value the company at $50 billion
Chipmaker Intel Corp plans to take its autonomous driving unit Mobileye public. The chipmaker said on Monday its Mobileye unit has confidentially filed paperwork for an initial public offering in the United States. The planned IPO could value the chipmaker’s self-driving car unit at more than $50 billion.