Intel bets big on self-driving cars with $15.3 billion Mobileye acquisition
March 13, 2017 at 08:33 AM EDT
Intel says self-driving cars will represent a $70 billion market by the year 2030, and today’s acquisition will help it better compete with Nvidia, whose shares have grown more than 200 percent in the last 12 months, largely based on early wins in self-driving car chips.