--- title: "What's Going On With Autonomous Driving Stock Mobileye Thursday?" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/214709411.md" description: "Intel has decided not to divest its majority stake in Mobileye, leading to a rise in Mobileye's stock price. This increase is also influenced by a U.S. Federal Reserve rate cut. Additionally, Intel secured a multi-billion-dollar chipmaking deal with Amazon's cloud unit and received significant funding under the CHIPS and Science Act. Despite these developments, both Intel and Mobileye have faced stock declines over the past year, with Mobileye's stock down 70% due to lowered revenue guidance and challenges from weak demand in China." datetime: "2024-09-19T14:34:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/214709411.md) - [en](https://longbridge.com/en/news/214709411.md) - [zh-HK](https://longbridge.com/zh-HK/news/214709411.md) --- > 支持的语言: [English](https://longbridge.com/en/news/214709411.md) | [繁體中文](https://longbridge.com/zh-HK/news/214709411.md) # What's Going On With Autonomous Driving Stock Mobileye Thursday? **Mobileye Global Inc** MBLY stock was trading higher Thursday after **Intel Corp** INTC said it does not plan to divest its majority interest in the company. U.S. Fed rate cut also had a bearing on the stock price movement. Intel made the statement after winning a multi-year, multi-billion-dollarU.S. chipmaking deal from existing customer**Amazon.com Inc**AMZNcloud unit and U.S. semiconductor grant. Intel also won up to $3 billion in CHIPS and Science Act funding, in addition to the $8.5 billion in grants and $11 billion in loans the struggling chipmaker previously won under the act. **_Also Read:_** _Intel Missed Out on PlayStation 6 Chip Deal to AMD: Report_ Intel stock is down 43% in the last 12 months as its foundry unit failed to capitalize on the AI shift. Prior reports indicated Intel’s plans to divest up to 88% of its stake in the Israeli autonomous driving company. Mobileye Global stock is down 70% in the last 12 months as it slashed revenue guidance after posting atopline declinein the second quarter. The company also flagged impending challenges due to China's weak demand. It expects fiscal 2024 revenue of $1.60 billion–$1.68 billion below the$1.87 billion analyst estimate. **Price Action:**MBLY stock is up 14.4% at $13.28 at last check Thursday. **Also Read:** - **Nvidia Considers $165M OctoAI Acquisition, Aims to Strengthen AI and Cloud Dominance** _Photo courtesy of Mobileye._ ### 相关股票 - [Mobileye Global (MBLY.US)](https://longbridge.com/zh-CN/quote/MBLY.US.md) ## 相关资讯与研究 - [Mobileye Secures Major DMS Production Program with Leading U.S. Automaker | INTC Stock News](https://longbridge.com/zh-CN/news/280152337.md) - [08:30 ETElektrobit and Mobileye announce collaboration for autonomous vehicle solutions](https://longbridge.com/zh-CN/news/276741737.md) - [Mobileye Faces Potential Goodwill Impairment Risk That Could Pressure Earnings and Valuation](https://longbridge.com/zh-CN/news/275967878.md) - [Mobileye forecasts annual revenue below estimates](https://longbridge.com/zh-CN/news/273368945.md) - [Insights into Mobileye Global's Upcoming Earnings](https://longbridge.com/zh-CN/news/273259169.md)