- Mobileye and self-driving cars are not CEO Gelsinger's strategic directions for Intel.
- Intel's IPO of Mobileye will generate cash for the company to build more fabs and to get back on track against AMD and other competitors.
- The IPO comes at a time when Mobileye is facing strong headwinds from established companies and Chinese startups making autopilot chips.
- The later the IPO, the more headwinds Mobileye will face along with the spectre of a lower IPO valuation.
For further details see:
Intel's Mobileye: Strong Headwinds From Competitor SoCs, Particularly In China