Intel’s Mobileye IPO Not Capital Raise but Market Entry for Self-Driving Tech Firm, CEO Pat Gelsinger Says

Intel’s Mobileye IPO Not Capital Raise but Market Entry for Self-Driving Tech Firm, CEO Pat Gelsinger Says

Intel’s Chief Executive Pat Gelsinger on Monday said the initial public offering of its self-driving tech company Mobileye was not a capital raise, but more of an entry into the market. “It is a move to potentially move them into the market. It’s not a capital raise,” said Gelsinger at…