Intel to Buy Mobileye in $15 Billion Deal

The transcript discusses Intel's strategic move to expand into the auto market, highlighting the potential for growth in this sector compared to the more saturated PC and server markets. It explains the challenges of entering the auto market, such as the long design and revenue cycles, and emphasizes the importance of mergers and acquisitions, like Intel's purchase of Mobileye, to gain a foothold. The acquisition is seen as a sound decision, providing Intel with advanced driver assistance systems technology. The transcript also mentions key competitors in the space, such as NXP, Infini, and XD Micro.

What are the reasons Intel is focusing on the auto market for expansion?

How does the auto market differ from the PC and handset markets according to the text?

What challenges does Intel face in converting designs into revenue in the auto market?

What is the significance of the Mobileye purchase for Intel?

What types of companies are mentioned as legacy participants in the advanced driver assistance systems space?