Why Intel Is Floating This Market-Leading Chip Company for $50 Billion
Back in 2015, chip giant Intel (NASDAQ: INTC) bought Mobileye, a specialist in vision recognition chips for autos, for what at the time was a huge price: $15 billion. Now it's planning an IPO for Mobileye at a much higher valuation. In this Motley Fool Live video, recorded on Dec. 9, Industry Focus host Nick Sciple and Motley Fool senior auto specialist John Rosevear look at what makes Mobileye so valuable, and why Intel might be eager to unlock some of that value right now.
A transcript follows the video.
Source Fool.com
