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

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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

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

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