Intel Eyes Significantly Lower Valuation in IPO of Mobileye Unit

Mobileye, originally expected to land a roughly $50 billion valuation, is now set to target one of under $20 billion and sell a smaller number of shares than originally planned, according to people familiar with the matter.

Oct 17, 2022 - 23:50
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Intel Eyes Significantly Lower Valuation in IPO of Mobileye Unit
Mobileye, originally expected to land a roughly $50 billion valuation, is now set to target one of under $20 billion and sell a smaller number of shares than originally planned, according to people familiar with the matter.

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