Takeaways From Intel/Mobileye Conference Call
<p>Analysts at Deutsche Bank provided their takeaways from the conference call <a href='https://financialmodelingprep.com/financial-summary/INTC'>Intel Corporation (NASDAQ:INTC) </a>held to discuss its decision to take Mobileye public in mid-2022. </p>
<p>First, the company’s primary intention with this transaction is to increase visibility (for both customers and investors) of the high-growth, high profitability Mobileye asset and to unlock the value therein, especially at a time when the ADAS/AV market is particularly attractive. </p>
<p>Second, the company is insistent that the purpose of this transaction is to drive shareholder value enhancement, rather than raising capital to fund its expensive IDM 2.0 strategy.</p>

NASDAQ:INTC