Intel Corp Stock Price, News & Analysis

Mobileye (NASDAQ: MBLY) has announced a significant secondary public offering and share restructuring involving its major stockholder Intel. The offering includes 45 million shares of Class A common stock by Intel Overseas Funding Corporation, with an additional 30-day option for 6.75 million shares.

Concurrent with the offering, Mobileye will repurchase $100 million of its Class A common stock from Intel at the same price as the underwriters. Additionally, Intel plans to convert 50 million shares of Class B common stock into Class A common stock. Goldman Sachs and BofA Securities are serving as joint lead book-running managers for the offering.

Mobileye Global (NASDAQ: MBLY) has scheduled its second quarter 2025 financial results announcement for Thursday, July 24th, 2025, before the market opens. The company will host a conference call at 8:00 AM ET featuring key executives including CEO Professor Amnon Shashua, CFO Moran Shemesh Rojansky, EVP Nimrod Nehushtan, and CCO Dan Galves.

Investors can access the live webcast through Mobileye's investor relations website at ir.mobileye.com, with a replay available shortly after the event concludes.

Intel Corporation (NASDAQ:INTC) has scheduled its Q2 2025 earnings release for Thursday, July 24, 2025, after market close. The company will host an earnings conference call at 2:00 PM PDT on the same day to discuss the quarterly results.

Investors and interested parties can access the live webcast of the earnings call through Intel's Investor Relations website at intc.com. The webcast replay and related materials will be available on the same platform following the call.

Intel announces key leadership appointments focused on strengthening customer relationships and engineering capabilities. Greg Ernst, a 20-year Intel veteran, has been promoted to chief revenue officer after leading the Sales and Marketing Group since May. The company also brought in three engineering leaders: Srinivasan Iyengar as SVP and Fellow from Cadence Design Systems to lead customer engineering; Jean-Didier Allegrucci as VP of AI SoC Engineering from Rain AI to manage AI SoC development; and Shailendra Desai as VP of AI Fabric and Networking from Google to lead AI GPU architecture development. These appointments align with Intel's strategy to enhance its product offerings and meet evolving customer needs under CEO Lip-Bu Tan's leadership.

Intel Corporation (INTC) announced that Michelle Johnston Holthaus, CEO of Intel Products, will participate in a fireside chat at the BofA Global Technology Conference. The discussion will focus on Intel's business and product strategy. The event is scheduled for June 3 at 2:40 p.m. PDT. Investors and interested parties can access the live webcast and replay through Intel's Investor Relations website at intc.com.

A leading global automaker has selected Mobileye's (MBLY) Imaging Radar™ technology for its upcoming SAE Level 3 automated driving system, set to begin production in 2028. The system will enable eyes-off, hands-off driving at highway speeds. Mobileye's 4D imaging radar, in development since 2018, offers superior perception in challenging conditions like fog and rain, providing exceptional detection of vehicles, people, and objects at distances up to 315 meters. The technology features a Mobileye-designed radar processor delivering 11 TOPS computing power, processing over 1,500 virtual channels at 20 frames per second. The system's advanced capabilities include angular resolution below 0.5 degrees, ultra-low side-lobe levels of -40 dBc, and market-leading dynamic range of 100 dB, significantly outperforming traditional automotive radars' 60 dB.

Mobileye Global Inc. (MBLY) has announced its participation in two major investor conferences in Q2 2025. The company will attend the Mizuho Technology Conference on June 10, 2025, and Deutsche Bank's Global Auto Industry Conference on June 11, 2025. Mobileye intends to webcast its "fireside chats" when possible, with exact timing to be announced later. Investors can access these webcasts through Mobileye's investor relations website at ir.mobileye.com under the "Events & Presentations" section. The company notes that event participation and dates may be subject to change, with any additional events to be announced accordingly.

Intel (INTC) unveiled new GPU products and AI accelerators at Computex 2025 in Taiwan. The company introduced the Intel Arc Pro B60 and B50 GPUs, featuring 24GB and 16GB of memory respectively, designed for AI inference and professional workstations. These GPUs support multi-GPU scalability and include Xe Matrix Extensions AI cores.

Intel also announced the availability of Gaudi 3 AI accelerators in PCIe and rack scale systems, with rack scale configurations supporting up to 64 accelerators per rack and 8.2TB of high-bandwidth memory. The company made its AI Assistant Builder publicly available on GitHub, enabling developers to create local AI agents optimized for Intel platforms.

Intel Corporation (INTC) announced that David Zinsner, Executive Vice President and CFO, will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference. The discussion will focus on Intel's business and financial strategy. The event is scheduled for May 13 at 7:10 a.m. PDT. Investors and interested parties can access the live webcast and replay through Intel's Investor Relations website at intc.com.