Mobileye Announces Participation in Upcoming Fourth Quarter 2024 Investor Conferences

The collaboration aims to enhance safety and driving comfort in Volkswagen's upcoming MQB-based vehicle portfolio. By reducing complexity and streamlining procurement, it integrates high-quality hardware and software, supporting Volkswagen Group's transformation. Volkswagen Group is working with Valeo and Mobileye to upgrade the advanced driver assistance systems up to Level 2+ ("enhanced partially automated driving") in its upcoming vehicle portfolio based on the MQB platform. Launching in the next few years, this cooperation will improve safety and driving comfort in high-volume vehicles, addressing both customer expectations and regulatory requirements. This press release features m

Tan to join Intel board of directors Intel Corporation (NASDAQ:INTC) today announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer, effective March 18. He succeeds Interim Co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus. Tan will also rejoin the Intel board of directors after stepping down from the board in August 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312399008/en/Lip-Bu Tan was appointed chief executive officer of Intel Corporation in March 2025. He also serves on the company's board of d

Intel unveils silicon innovation to drive AI-powered next-generation networks. NEWS HIGHLIGHTS  Intel® Xeon® 6 system-on-chip (SoC) with integrated AI delivers up to 2.4x more radio access network (RAN) capacity1 and up to 70% better performance-per-watt2 compared with previous generations. Integrated AI acceleration boosts AI RAN performance by up to 3.2x over previous generations3. Deep collaboration with 5G core solution partners accelerates the adoption of Intel® Xeon® 6 processors with Efficient-cores (E-cores) across the ecosystem. Independent validations for 5G core workloads confirm increased rack performance, reduced power consumption and enhanced energy efficiency.

BofA Securities upgraded Intel from Underperform to Neutral and set a new price target of $25.00 from $19.00 previously

BofA Securities upgraded Mobileye Global from Underperform to Neutral and set a new price target of $19.00

HSBC Securities upgraded Intel from Reduce to Hold

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Tan to join Intel board of directors Intel Corporation (NASDAQ:INTC) today announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer, effective March 18. He succeeds Interim Co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus. Tan will also rejoin the Intel board of directors after stepping down from the board in August 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312399008/en/Lip-Bu Tan was appointed chief executive officer of Intel Corporation in March 2025. He also serves on the company's board of d

TORONTO, Feb. 6, 2025 /CNW/ - Today, Intel Corporation announced the appointment of Asma Aziz to the position of General Manager for Intel Canada. As a tech industry veteran, Asma brings a wealth of international experience fulfilling various senior marketing and sales positions. With a five-country career spanning across Asia and Americas at Intel, Asma brings a proven track record of driving transformative business growth strategies, fostering high-performance motivated teams, forging impactful partnerships, and delivering results. Prior to her appointment as General Manager for Intel Canada, Asma was leading Marketing for the America's Territories and served as the Interim Regional Chief

Carol Tate will serve as CCO following her tenure as Chief Compliance Officer at Intel Former President & CEO of Human Rights First, Michael Breen, appointed as Advisor to the Board of Directors Today, Sandvine (the "Company"), a market-leading provider of Over-the-Top (OTT) Application Classification and Quality of Experience (QoE) solutions, announced the appointments of Carol Tate as Chief Ethics & Compliance Officer, effective February 3, and Michael Breen as Advisor to the Board of Directors, effective January 1. Working closely with teams across the Company and in collaboration with its Board of Directors, Tate will spearhead compliance and due diligence initiatives to help facili

News Summary Fourth-quarter revenue was $14.3 billion, down 7% year-over-year (YoY). Full-year revenue was $53.1 billion, down 2% YoY. Fourth-quarter earnings per share (EPS) attributable to Intel was $(0.03); non-GAAP EPS attributable to Intel was $0.13. Full-year EPS attributable to Intel was $(4.38); non-GAAP EPS attributable to Intel was $(0.13). Forecasting first-quarter 2025 revenue of $11.7 billion to $12.7 billion; expecting first-quarter EPS attributable to Intel of $(0.27) and non-GAAP EPS attributable to Intel of $0.00. Intel Corporation today reported fourth-quarter and full-year 2024 financial results. "The fourth quarter was a positive step forward as we delive

Revenue decreased 23% year over year to $490 million in the fourth quarter. Full-year financial guidance implies a return to revenue growth in 2025. Diluted EPS (GAAP) was $(0.09) and Adjusted Diluted EPS (Non-GAAP) was $0.13 in the fourth quarter of 2024. Generated net cash from operating activities of $400 million in the year ended December 28, 2024, slightly higher than full-year 2023. Our balance sheet is strong with $1.4 billion of cash and cash equivalents and zero debt as of December 28, 2024. Continued growth in RFQ-stage advanced product development programs positions us well to substantially increase long-term growth visibility over the course of 2025. Mobileye Global

Mobileye Global Inc. (NASDAQ:MBLY) ("Mobileye") today announced that it will release its financial results for the fourth quarter and full year 2024 on Thursday, January 30th, 2025, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Moran Shemesh Rojansky, CFO, Nimrod Nehushtan, EVP – Business Development and Strategy, and Dan Galves, CCO. The conference call will be accessible live via a webcast on Mobileye's investor relations site, which can be found at https://ir.mobileye.com, and a replay of the webcast will be made available shortly aft

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