Intel is selling its self-driving unit to focus on servers and fabs for growth.

From Barchart: 2025-06-30 15:51:00

Intel announced plans to sell its self-driving unit to focus on high-margin servers and fabs, potentially doubling down on growth. The move is expected to increase the company’s competitiveness and boost its stock price, currently trading at a discount to peers in the tech sector. Investors are optimistic about Intel’s strategic shift and potential for increased profitability in the future.



Read more at Barchart: Intel Is Getting Rid of Its Auto Business. How Should You Play INTC Here?