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Bitcoin June 6, 2023

Intel cashes in on AI boom: Mobileye stock drops after stake sale.

Intel cashes in on AI boom: Mobileye stock drops after stake sale.

Mobileye

Global shares were dropping early on Tuesday as chip maker Intel planned to sell shares of the company worth around $1.4 billion. Intel looks to be taking profit from a run up in the shares of the self-driving technology company it spun off last year.