Should Intel spend $900 million chasing driverless cars during a crisis?
Intel (NASDAQ:INTC) recently agreed to buy Moovit, an Israeli MaaS (mobility as a service) solutions company, for $900 million to strengthen its automotive unit Mobileye. Intel acquired Mobileye, which is also based in Israel, for over $15 billion in 2017.
https://www.fool.com/investing/2020/05/12/should-intel-spend-900-million-chasing-driverless.aspx