Intel to IPO the FPGA Group
Mobileye model part deux
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On 3rd October 2023, Intel Corporation announced that it is reorganizing the FPGA group (known as Programmable Solutions Group) into the financials as a separate business unit from Q1, for a view to a future partial IPO. This follows the same model as Mobileye, which Intel turned to IPO but retains a controlling stake. This is tur…