Intel: Will The Dog Finally Bark?

Intel's (NASDAQ:INTC) stock has remained a dog for quite a long time despite the company's desperate efforts aimed at not missing the boat popularly called the "next chip wave." After missing the opportunities in the cellphone revolution, the company has left no stone unturned to capture the so-called next chip wave. The company's recent decision to buy Israeli auto-chipmaker Mobileye (NYSE:MBLY) for more than $15 billion is another step in that direction. Intel's primary objective to buy Mobileye is to surpass Nvidia's (NASDAQ:NVDA) dominance in the self-driving car revolution. Although the autonomous vehicle industry is a nascent one, it has tremendous growth prospects.