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If Intel had a really solid solution wouldn't they keep 100% and either license or implement it internally? Going public kind of seems to me that they still ne
by entropicgravity 5y ago
If Intel had a really solid solution wouldn't they keep 100% and either license or implement it internally? Going public kind of seems to me that they still need to spread the risk of implementing this technology.
- ant6n 5y agoPerhaps it allows speculation to push up the value of this unit more than would be possible if it was a proper subsidiary. For example, would Rivian be worth as much without the hype on the stock market, for example if Amazon owned it out-righ? I doubt it. Plus, selling part of the company allows raising some cash for their elevated capital expenditures, which were critizised by their shareholders.