Intel-owned autonomous driving tech company Mobileye files for an IPO | Engadget

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Intel-owned autonomous driving tech company Mobileye files for an IPO

. The company expects that facility to eventually become"the largest silicon manufacturing location on the planet."

Mobileye didn't specify how much a share would cost in its filing with the SEC. It did say, however, that it will use portion of the proceeds it will get from the IPO to pay debts. The firm also talked about its history in the filing and how its revenue grew from $879 million in 2019 to $1.4 billion in 2021, representing a growth of 43 percent year-over-year.

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