ON THE ROAD
Intel preparing to sell off $1.5 billion stake in Israel’s Mobileye
Computer chip giant to retain control in secondary offering of company, which has pioneered technology for self-driving cars
Mobileye
A self-driving vehicle from Mobileye’s autonomous fleet in Israel.
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Since Mobileye Global, the Israeli developer of self-driving car technology, sold shares last year in an IPO, its stock price has doubled. Now Intel Corp. is planning a secondary offering to carve some profit from the pioneering automotive startup...