Business • Jun 27, 2025

Intel shuts down automotive chipmaking division

Intel is shutting down its automotive chip division and laying off most of the team as part of a big company shake-up.
Even though their chips power over 50 million cars worldwide, this business brought in only a tiny slice of Intel's revenue.
The move comes as CEO Lip-Bu Tan looks to cut costs and refocus the company.

TL;DR

Intel's auto division cuts across the board

It's not just the auto division—at least 107 employees at Intel's Santa Clara HQ are also being let go, hinting at broader company-wide cuts.

Mobileye still leads in autonomous driving

Intel bought self-driving tech leader Mobileye for $15 billion back in 2017.
While Intel is leaving the car chip scene, Mobileye continues to lead in autonomous driving—and still has Intel as its majority owner.