Earnings Outlook: Intel earnings: While waiting for Mobileye, an eye on competition

Intel Corp. is expected to release quarterly earnings Thursday afternoon, but the biggest change to its results is still months away.

Revenue for the world’s largest chip maker has mostly been stuck in neutral for years as sales of personal computers have languished and smartphone makers have largely looked elsewhere for the brains of their devices. After missing the mobile boom, Intel INTC, +0.33% is making a big-money bet that autonomous-driving technology will be a similar moneymaker with a $15 billion bid for Mobileye NV. MBLY, +0.34% Along with an investment in German digital-mapping company HERE, Intel is looking to challenge Nvidia Corp.

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