During the quarter, Mobileye, an autonomous driving hardware and software supplier that Intel acquired for $15.3 billion in 2017, debuted on the Nasdaq. Intel still controls most of the voting power of Mobileye's common stock. Intel said that in January it lengthened the useful life of some equipment from five years to eight years, which will boost 2023 gross profit by $2.6 billion. That move is separate from the $3 billion cost-savings plan for 2023 Intel announced in its earnings statement in October.