Semiconductor giant Intel Corporation (INTC) has reportedly slashed the valuation of its self-driving unit Mobileye to $30 billion. Mobileye develops autonomous driving technologies and advanced driver-assistance systems, including cameras, computer chips, and software.  Intel had huge plans to debut Mobileye in the stock market with an initial valuation of $50 billion. The overall negative investor sentiment is even forcing the company to postpone the initial public offering (IPO) to a more lucrative time next year, a Bloomberg report cited.    Amid the uncertain macroeconomic backdrop, Intel is deliberating delaying the listing of Mobileye to next year in the hopes of receiving a higher valuation and positive investor attention.
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