Will this Mobileye IPO fund Intel's comeback plan?

Intel has confidentially submitted for an initial public offering of its Mobileye automotive business, a move that CEO Pat Gelsinger has said will help fund the chipmaker's multibillion-dollar comeback plan. The semiconductor giant disclosed on Monday that it filed a private draft Form S-1 statement for the Mobileye IPO with …

[Yet Another Anonymous coward]

Vapourware ?

It seemed Mobileye released lots of press releases while Tesla released a (almost) self driving car.

Haven't been following them recently but do Mobileye have anything beyond PowerPoint ?

[Anonymous Coward]

Re: Vapourware ?

Read the "comeback plan.pps" for further explanation.

In Intel's defense, it's hard to draw up a presentation for a "comeback" when you're already on top, so things have to become a little vapory so it all makes sense.