Intel to list shares in self-driving car unit Mobileye - WSJ


FILE PHOTO: The Mobileye logo is seen during the Munich Auto Show, IAA Mobility 2021, in Munich, Germany, September 7, 2021. REUTERS/Wolfgang Rattay

(Reuters) - Intel Corp is planning to publicly list shares in its self-driving-car unit Mobileye, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Intel is expected to announce the move, which could value Mobileye at north of $50 billion, as soon as this week, the report added.

(Reporting by Akriti Sharma in Bengaluru; Editing by Rashmi Aich)

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