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Strategies & Market Trends : Dividend Growth Investing and chit chat.

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dan1944
From: jvincen212/6/2021 9:39:22 PM
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Intel (NASDAQ: INTC) +7.2% post-market following a Wall Street Journal report that the company is planning to publicly list shares in its Mobileye self-driving car unit, which could value the unit at more than $50B.Mobileye's revenues have roughly tripled since Intel bought the company in 2017 for ~$15B.CEO Pat Gelsinger has pledged big investments to revive the company's engineering leadership; he took over the top post at Intel earlier this year.
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