Intel says it has no plans to divest majority stake in Mobileye 

Reuters was first to report on Intel’s decision not to divest its majority stake in Mobileye, boosting the Israeli company’s shares by over 16%. Mobileye shares, which have dropped 73% this year, took a beating earlier in the month after media reports that Intel was looking to sell a portion of its stake in the company. 

The post Intel says it has no plans to divest majority stake in Mobileye  appeared first on Reuters News Agency.