Intel Acquires Silicon Mobility to Enhance AI for Electric Vehicles
• Intel acquires Silicon Mobility SAS, an automotive semiconductor company, to enhance AI capabilities for electric vehicles • Aims to bring AI solutions across vehicle platforms with new Software-Defined Vehicle (SDV) system-on-chips • SDV chips to power next-gen in-vehicle experiences like voice assistants and driver/passenger monitoring • Intel chips already in over 50 million vehicles, powering infotainment, displays, instrument clusters • Intel stock up 67% in past year on improved financials, AI opportunities, expected PC rebound