Intel’s Mobileye (NASDAQ: INTC) has signed an agreement with LIDAR technology startup Luminar to furnish sensors for its first-generation autonomous vehicle fleet. The agreement has been signed for a two-year period. Mobileye hopes to have a robotaxi service in operation by 2022 and also aims to sell its autonomous tech stack to other companies.
Click here for the full Trefis coverage of Intel
- Intel Stock: A Smart Buy?
- 20% Upside For Intel Stock?
- Intel & Cisco: It Might Be A Great Time To Double Down On Value Tech Stocks
- Can Intel Stock Find Its Way Out Of The Slump?
- Nvidia, Intel, Lumentum: Is It Time To Buy Internet Infrastructure Stocks?
- It May Take Some Time For The Market To Recognize That Intel Is Undervalued
Looking for a balanced portfolio to invest in? Here’s a high-quality portfolio to beat the market, with over 100% return since 2016, versus 55% for the S&P 500. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently.
See all Trefis Price Estimates and Download Trefis Data here
What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams
