INTC ▼ -1.8% - Intel Corporation
$INTC MBLY - BEEP CLOSES SERIES B TO ACCELERATE COMMERCIAL DEPLOYMENT OF AUTONOMOUS MOBILITY NETWORKS
Intel shares fell 1.8% today following the announcement that Mobileye (MBLY), Intel's autonomous driving unit, closed a Series B funding round to accelerate deployment of its autonomous mobility networks. The funding news may have prompted investors to reassess the company's capital allocation priorities or raised questions about the timing and scale of this investment relative to Intel's broader turnaround efforts.
09-SEP-2026 08:30 AM ET
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