Mobileye Global Inc. Class A Common Stock (MBLY)
Mobileye Global Inc. Class A (MBLY) is a technology company specializing in developing advanced driver-assistance systems (ADAS) and autonomous vehicle solutions. Founded in Israel and now a subsidiary of Intel Corporation, Mobileye focuses on computer vision, machine learning, and sensor fusion technologies to enhance vehicle safety and automation. The company's products are widely deployed in the automotive industry to enable features such as collision avoidance, lane-keeping, and driver alerts.
Company News
The driverless vehicle market is poised for significant growth, with multiple companies investing in autonomous technology across automotive and tech sectors. The industry faces challenges in regulation and public trust but offers potential trillion-dollar opportunities by 2030.
Goldman Sachs upgraded Innoviz Technologies stock from Neutral to Buy, raising its price target and highlighting potential autonomous driving technology design wins with major automakers.
The global Software Defined Vehicles market is projected to grow from $34.11 billion in 2024 to $218.74 billion by 2034, driven by increasing demand for electric and autonomous vehicles, advanced software systems, and AI integration.
Intel announced the shutdown of its automotive processor business, leading to a 6% stock surge as investors view the move as a strategic refocusing on core computing and AI segments.
STRT vs. MBLY: Which Stock Is the Better Value Option?
