Mobileye, an Israeli automotive technology company, has announced the commencement of deliveries for its new EyeQ6 Lite system-on-chip, marking the start of the EyeQ6 chip family's deployment. The company has secured orders to ship at least 46 million of these assisted driving chips, which are expected to be installed in 46 million vehicles. This significant development in Mobileye's product line was reported by Reuters and confirmed by the company itself, contributing to a 2.7% stock increase in pre-market trading.
Exclusive: Mobileye set to ship at least 46 million new assisted driving chips https://t.co/ZS9NzX9MGB https://t.co/ceLVnkykPh
NEW: Next generation of the Mobileye EyeQ chip family begins delivery! Mobileye has delivered the first EyeQ6™ Lite system-on-chip production candidate to its customers, marking the beginning of the EyeQ6 family. Some 46 million vehicles are expected to be installed with… https://t.co/DWGgyRzrTl
$MBLY (+2.7% pre) Mobileye (MBLY) secures orders to ship 46 million new assisted driving chips - Reuters https://t.co/U2lGxbASps
⚠️ EXCLUSIVE-MOBILEYE SET TO SHIP AT LEAST 46 MILLION NEW ASSISTED DRIVING CHIPS Full Story → https://t.co/OKnMBuZUOP Israeli automotive tech company Mobileye said on Wednesday it had secured orders to ship 46 million of its EyeQ6 Lite assisted-driving chips over the next few… https://t.co/LnLZlqHkp5
$MBLY Wolfe upgrades Mobileye to outperform from peer perform Wolfe said the autonomous driving systems company has “competitive advantages.” “We upgrade Mobileye to Outperform from Peer Perform.”