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Tag: Stock Battles

Intel considers selling Mobileye stake in light of pressure and share price decline – Intel (NASDAQ:INTC)

Mobileye Global Inc MBLY The stock is trading lower on Friday after reports that Intel Corp INTC is considering a strategic sale of shares in the Israeli autonomous driving company. Intel could sell up to 88 percent of its stake…

Nvidia Tech drives Chinese AI growth abroad, Alibaba increases investment by $7 billion – Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)

Chinese artificial intelligence developers have made a breakthrough in accessing sophisticated AI chips, while US semiconductor sanctions against China undermine their AI ambitions. Chinese AI developers acquire advanced Nvidia Corp NVDA chips without importing them into China by using overseas…