SEC filing: Intel’s self-driving car unit Mobileye files for an IPO and reports a H1 2022 revenue of $854M, up 21% from H1 2021 (Reuters)

Echo Wang / Reuters:
Intel’s Mobileye priced its 41M shares at $21 per share, above its target range of $18-$20 per share, raising $861M in its IPO at a $16.7B valuation  —  Mobileye Global Inc (MBLY.O), the self-driving unit of chip maker Intel Corp (INTC.O), raised $861 million in an initial public offering …

Yuvraj Malik / Reuters:
Mobileye reports Q3 revenue up 38% YoY to $450M, beating $447M estimates, and a $45M net loss, up from $26M YoY, in its first post-IPO earnings  —  Mobileye Global Inc (MBLY.O) beat estimates for revenue on Wednesday in its first quarterly report after going public in October, as the Intel Corp …

Chavi Mehta / Reuters:
Intel reports Q4 revenue down 32% YoY to $14B vs. $14.46B est., with Data Center and AI down 33%, and a Q1 2023 revenue guidance below estimates; stock down 7%+  —  Chipmaker Intel Corp (INTC.O) forecast first-quarter revenue below Wall Street targets on Thursday, slammed by a worsening PC market …

Jordan Novet / CNBC:
Intel Q3: revenue down 15% YoY to $15.34B, vs. $15.25B est., Datacenter and AI revenue down 27% YoY; stock up 5%+ on plans to reduce ~$10B in costs over 3 years  —  – Intel plans up to $10 billion in cost reductions and efficiency improvements in the next three years.

Sam Byford / Reuters:
Japanese fabless SoC design company Socionext closes up 15.07% in its IPO debut, valuing it at ~$960M, in Tokyo’s biggest offering so far in 2022  —  Making its market debut on Wednesday, Japan’s Socionext Inc (6526.T) bucked softening sentiment toward chips by surging 15% in Tokyo’s biggest initial public offering of the year so far.

New York Times:
Sources: Instacart is pulling its plans to go public in 2022; the company confidentially filed for an IPO earlier this year  —  The food delivery company had been moving toward a public offering, but the window for such deals is shutting amid market turmoil.