webmaster@theregister.co.uk (Tobias Mann) / The Register
When the chips fall: Intel preps for $16b Mobileye IPO – Far cry from the $50 billion valuation Gelsinger hoped would fuel foundry empire Intel expects the initial public offering of its Mobileye business unit to muster a valuation of $16 billion, a fraction of the nearly $50 billion figure the autonomous driving division was expected to fetch earlier this year. …
