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INTC Mobileye Intel's self-driving-car unit IPO

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Intel Corporation (NASDAQ:INTC)  
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NASDAQ:INTC   Intel Corporation
Trend Analysis Technical Indicators Fundamental Analysis INTC intel chipmakers chipmaker mobileye EV IPO mobileyeipo buy
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trendanalysis indicator fundamental intc intel chipmakers chipmaker mobileye ev ipo mobileyeipo buy
The chipmaker said it would be taking public its Mobileye self-driving-car unit.

The initial public offering of Mobileye in the U.S. is planned for the middle of next year.

The move could value Mobileye at more than $50 billion, Intel being the biggest shareholder.

My short term price target is the 59usd resistance.

Looking forward to read your opinion about it.



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