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$Intel (INTC.US)$ has announced that it plans to list Mobileye, the Israeli autonomous driving firm it acquired in 2017. 
Intel stock climbed 3.1%, closing at 52.57 on Tuesday.
Intel will keep most of the money it raises next year, targeting some of those funds to build more Intel chip plants. 
Intel is investing $20 billion to build new factories in Arizona. The cash from Mobileye would be helpful in seeing those projects through. 
$Intel (INTC.US)$ stock has up 6% this year. 
  $PHLX Semiconductor Index (.SOX.US)$ has up 45%
Here is the performance of its major competitors:
$NVIDIA (NVDA.US)$ has up 147%
$Advanced Micro Devices (AMD.US)$ has up 57%
$Taiwan Semiconductor (TSM.US)$ has up 9.5%
Do you think Intel can make some big move next year? Or there is going to be another ordinary year?
Source:
Why Intel is unloading Mobileye

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