The Mobileye logo appears on a screen at the post where it trades on the floor of the New York Stock Exchange, Monday, March 13, 2017.(AP Photo/Richard Drew)
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U.S. chipmaker Intel agreed to buy Israeli driverless car-technology firm Mobileye for $15.3 billion Monday, positioning itself for a dominant role in the fast-moving autonomous-driving sector.Mobileye's shares jumped 30 percent to $61.30 in late morning U.S. trading, while Intel's shares were down 2 percent. It also strengthens Intel's position in the sector against rival chipmakers Nvidia and Qualcomm.Intel said it expects the vehicle systems, data and services market to rise to $70 billion by 2030 .
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