Intel Corp Stock Price, News & Analysis

Mobileye Global Inc. (Nasdaq: MBLY) will release its Q4 and full-year 2022 financial results on January 26, 2023, before market open. A conference call will follow at 8:00am ET, featuring CEO Amnon Shashua, CFO Anat Heller, and CCO Dan Galves. The call will be streamed live on Mobileye's investor relations site, with a recording available after the event. Mobileye, a leader in autonomous driving technology, became an independent company in 2022, retaining majority ownership by Intel (Nasdaq: INTC).

Intel has launched its 4th Gen Xeon Scalable processors, a pivotal moment aimed at revitalizing its business in the data center market. This new lineup, including the Max Series and Data Center GPU Max Series, features extensive customer adoption and offers enhanced performance in AI, networking, and high-performance computing.

The processors boast a 2.9x efficiency improvement per watt, up to 70-watt power savings, and a lower total cost of ownership (TCO) between 52% to 66%. They are designed for sustainability and built using over 90% renewable energy.

Mobileye announced an expected $17 billion revenue pipeline for Advanced Driver-Assistance Systems (ADAS) through 2030 during CES 2023. Of this, $3.5 billion is projected from the SuperVision system, launched in Q4 2021. The company also anticipates $3.5 billion from Autonomous Mobility-as-a-Service products by 2028, highlighting strong demand from global automakers. Mobileye projects 1.2 million SuperVision-based vehicles by 2026 and continues to innovate in the ADAS market, with over 233 models launched globally in 2022.

Intel Corporation will report its fourth-quarter and full-year 2022 financial results on January 26, 2023, after market close. A corresponding earnings conference call will be held at 2 p.m. PST on the same day to discuss these results. Investors and interested parties can access a live public webcast of the call through Intel's Investor Relations website. This event is significant for investors closely monitoring INTC stock performance.

Mobileye has announced a collaboration with Wistron NeWeb Corp. for the production of automotive-grade software-defined imaging radars aimed at enhancing autonomous vehicle technology. The radars, designed for production within two years, will improve object detection and perception in various weather and lighting conditions, supporting Mobileye's advanced driver-assistance systems. The technology features Massive MIMO antenna design and state-of-the-art algorithms, promising reliable performance. Intel retains majority ownership of Mobileye, which has equipped over 125 million vehicles globally.

Intel has announced its 13th Gen Intel Core mobile processors, featuring the flagship i9-13980HX, the first 24-core mobile processor. These processors provide superior performance for over 300 laptop designs, enhancing gaming and creative tasks. Key features include up to 5.6 GHz turbo frequency, support for DDR4 and DDR5 memory, and enhanced connectivity with Thunderbolt 4. Additionally, the new Intel Evo laptop specification promises longer battery life and seamless multi-device experiences. These developments position Intel to remain competitive in the rapidly evolving tech landscape.

On January 10, 2023, Intel is launching its 4th Gen Intel Xeon Scalable processors and Intel Xeon CPU Max Series, enhancing its offerings in high performance computing (HPC) and AI. The launch event, hosted by executives Sandra Rivera and Lisa Spelman, will showcase the processors' advantages, focusing on their performance in AI, networking, and HPC. Intel aims to address significant market needs by emphasizing a workload-first approach, security, and sustainability benefits, contributing positively to customer outcomes and industry standards.

Mobileye (Nasdaq: MBLY) will hold its CES 2023 Press Conference titled Mobileye: Now, Next, Beyond on January 5, 2023 at 11 a.m. PST in Las Vegas. CEO Professor Amnon Shashua will discuss the company's advancements in autonomous driving technologies, showcasing Mobileye's leadership in the industry. Attendees are invited to visit Mobileye at booth #4601 at the Las Vegas Convention Center during CES.

Intel's 2023 oneAPI Release: Intel launched the 2023 version of its oneAPI tools, enhancing support for 4th Gen Xeon Scalable processors and Data Center GPUs. Key features include improved SYCL code development for multiple architectures and performance gains shown in benchmarks: 3.6x vs. Nvidia and up to 16x vs. prior generations. The tools allow developers to optimize applications with a single codebase, boosting productivity. Intel emphasizes the importance of multiarchitecture systems to address complex workloads, as 48% of developers target heterogeneous environments.