Intel CEO Pat Gelsinger (right) and Professor Amnon Shashua, Intel senior vice president and president and CEO of Mobileye, talk at Mobileye’s headquarters in Israel in 2021. (Credit: Mobileye, an Intel Company)
Intel Corp. is reportedly postponing its plan to take driver-assist developer Mobileye public. The IPO could still happen in 2022, but the chip giant isn’t saying when — and the uncertainty over Mobileye’s immediate future might delay Intel’s ambitious semiconductor manufacturing expansion plan, dubbed IDM 2.0.
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