Summary by Moomoo AI
Intel Corporation has filed an amendment to its Schedule 13G, revealing a significant ownership stake in Mobileye Global Inc. According to the filing with the U.S. Securities and Exchange Commission dated December 31, 2023, Intel disclosed a shared voting and dispositive power over 711,500,000 shares of Mobileye's Class A common stock, which represents an 88.3% ownership interest. This stake is held through Intel Overseas Funding Corporation, a subsidiary of which Intel is the sole stockholder. The shares in question are Class B common stock, convertible into Class A shares at the holder's discretion or upon certain transfers. The filing, signed by Intel's Associate General Counsel David Miscia on February 9, 2024, confirms the accuracy of the information provided.