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

FILE PHOTO: A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Struggling chipmaker Intel said on Thursday it had no plans to divest a majority interest in Mobileye, sparking an 8% rise in the self-driving tech firm's shares in premarket trading.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Anil D'Silva)