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Intel's Mobileye unit valued at $22 bln as shares cruise higher

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Intel's Mobileye unit valued at $22 bln as shares cruise higher

Shares of Mobileye Global Inc are up 30% in early afternoon trading on Wednesday following its U.S. debut, valuing the self-driving technology unit of Intel Corp at $21.8 billion as investors lapped up what could be the last major IPO of 2022.

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Intel's Mobileye unit valued at $22 bln as shares cruise higher

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Intel's Mobileye unit valued at $22 bln as shares cruise higher

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