Intel Corp Stock Price, News & Analysis

Volkswagen Group has announced a strategic collaboration with Valeo and Mobileye (MBLY) to enhance advanced driver assistance systems up to Level 2+ in its upcoming MQB-based vehicle portfolio. The partnership aims to integrate high-quality hardware and software while reducing complexity and streamlining procurement.

The new system will feature a 360-degree ring of multiple cameras and radars, enabling hands-free driving on approved roads, smart parking, and improved safety features. Valeo will provide ECUs, sensors, and parking solutions, while Mobileye contributes its Surround ADAS™ platform with EyeQ™6 High processor and mapping technologies.

The collaboration consolidates multiple ECUs into a centralized unit, allowing for over-the-air updates and improved system performance. Volkswagen Group reported 9.0 million vehicles delivered globally in 2024 (down from 9.2 million in 2023), with sales revenue of EUR 324.7 billion and operating result of EUR 19.1 billion in 2024 (compared to EUR 22.5 billion in 2023).

Intel (INTC) has appointed Lip-Bu Tan as its new Chief Executive Officer, effective March 18, succeeding Interim Co-CEOs David Zinsner and Michelle Johnston Holthaus. Tan, who will rejoin Intel's board of directors, brings over 20 years of semiconductor and software experience to the role.

As former CEO of Cadence Design Systems (2009-2021), Tan led a successful company transformation that resulted in doubled revenue, expanded operating margins, and a stock price appreciation of over 3,200%. During his tenure at Cadence, he served on the board for 19 years, including as executive chairman from 2021 to 2023.

David Zinsner will continue as EVP and CFO, while Johnston Holthaus remains CEO of Intel Products. Frank D. Yeary will return to his position as independent board chair after serving as interim executive chair during the CEO search.

Intel has unveiled its new Xeon 6 system-on-chip (SoC) at MWC 2025, showcasing significant improvements in network infrastructure and AI capabilities. The new processor delivers up to 2.4x more radio access network (RAN) capacity and 70% better performance-per-watt compared to previous generations.

Key features include integrated AI acceleration boosting AI RAN performance by up to 3.2x, eight integrated Ethernet ports with throughput up to 200 Gbps, and Intel Media Transcode Accelerator delivering 14.25x performance-per-watt gain for video transcoding.

Major telecom operators including Vodafone, AT&T, Samsung, and Verizon are adopting the technology. Verizon has virtualized over 40% of its nationwide 5G RAN footprint, while partners like Ericsson have achieved significant efficiency improvements, including a 3.8x improvement in performance-per-watt.

Intel has launched its new Xeon 6 processor lineup, featuring significant advancements in data center and networking capabilities. The processors deliver up to 2x higher performance in AI processing and up to 2.4x capacity for radio access network (RAN) workloads.

The Xeon 6700/6500 series with P-cores offers 1.4x better performance than the previous generation across enterprise workloads and provides up to 1.5x better performance in AI inference compared to AMD EPYC processors using one-third fewer cores. The processors enable 5:1 server consolidation on average, with potential for 10:1 in specific cases, resulting in up to 68% savings in total cost of ownership.

Intel has secured broad adoption with over 500 designs available or in development across major technology companies including AT&T, Verizon, Cisco, Dell, Samsung, and Microsoft, among others.

At CES 2025, Intel unveiled an expanded automotive product portfolio featuring a whole-vehicle platform designed to accelerate the transition to electric and software-defined vehicles (SDVs). The company introduced the Adaptive Control Unit (ACU), specifically designed for EV powertrains and zonal controller applications.

Intel's comprehensive solution includes high-performance compute, discrete graphics, AI, power management, and zonal controller solutions, alongside the Intel® Automotive Virtual Design Environment (VDE) developed in partnership with AWS. The platform aims to address automakers' cost and performance scalability challenges, enabling more efficient SDV development and deployment.

The ACU U310 represents a new processing unit that consolidates multiple real-time, safety-critical, and cybersecure functions into a single chip, reducing the inefficiencies of traditional fragmented vehicle architectures.

Intel has announced upcoming participation in key investor events. Kevin O'Buckley, SVP and GM of Foundry Services, will engage in a fireside chat about Intel's business and foundry strategy at the Bernstein Technology, Media & Telecom Forum on February 27 at 11 a.m. PST. This in-person event will not have a webcast available.

Additionally, John Pitzer, Corporate VP of Corporate Planning and Investor Relations, will discuss Intel's business and strategy at the Morgan Stanley Technology, Media & Telecom Conference on March 5 at 1:50 p.m. PST. This session will be available via live webcast and replay on Intel's Investor Relations website at intc.com.

Mobileye Global (NASDAQ: MBLY) has announced its participation in three major investor conferences during Q1 2025. The company will attend the Barclays 42nd Annual Industrial Select Conference on February 20, the Canaccord Genuity 2025 Sustainability Virtual Summit on February 26, and the Raymond James 46th Annual Institutional Investors Conference on March 4.

The company plans to webcast its 'fireside chats' where possible, with specific timing to be announced closer to each event. Investors can access the webcasts through Mobileye's investor relations website. The company notes that event participation and dates are subject to change, with any additional events to be announced later.

Intel reported Q4 2024 revenue of $14.3 billion, down 7% year-over-year, with full-year revenue at $53.1 billion, down 2%. The company posted Q4 EPS of $(0.03) and full-year EPS of $(4.38). Q4 operating margin declined to 2.9% from 16.8% year-over-year.

The Client Computing Group revenue was $8.0 billion (down 9%), Data Center and AI reached $3.4 billion (down 3%), while Network and Edge grew to $1.6 billion (up 10%). Intel Foundry revenue decreased 13% to $4.5 billion.

Looking ahead, Intel forecasts Q1 2025 revenue between $11.7-12.7 billion with an expected EPS of $(0.27). The company received $7.86 billion in U.S. CHIPS Act funding, with $1.1 billion received in Q4 2024 and another $1.1 billion in January 2025.

Mobileye (MBLY) reported Q4 2024 financial results with revenue declining 23% year-over-year to $490 million, primarily due to a 20% reduction in EyeQ SoC volumes. The company's Q4 2024 GAAP EPS was $(0.09), while Adjusted EPS was $0.13.

The company maintains a strong balance sheet with $1.4 billion in cash and zero debt. Operating cash flow reached $400 million for the full year 2024. Average System Price was $50.0 in Q4 2024, down from $52.7 in Q4 2023.

Despite challenges, Mobileye launched ADAS programs into 313 car models and managed 80 active development projects. The company has built significant opportunities across major customers, with RFQ-stage development programs representing potential for 25 million future units for Surround ADAS, 8-16 million for SuperVision, and 1-3 million for Chauffeur.