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Will Intel Profit From Self-Driving Cars?

Will Intel (NASDAQ: INTC) benefit from driverless cars? The likely answer just a month ago would have been "maybe." However, in the wake of Intel's recent deal to acquire Israeli-based self-driving-car component maker Mobileye (NYSE: MBLY) for $15.3 billion, the answer today has become a resounding "yes." Here's why.Image source: Intel. Intel had, for some time, eyed the rise of self-driving cars as a major commercial opportunity.

 

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