Mobileye, a leading developer of advanced driver-assistance systems (ADAS) and autonomous driving technologies, recently released its third-quarter financial results for 2024. The company, which was spun off from Intel, saw its revenue exceed market expectations, driven by a gradual recovery in customer inventory levels. This positive outlook for 2025 led to a significant surge in Mobileye’s stock price, which rose nearly 10% on the day of the earnings announcement.
Mobileye, a leading developer of advanced driver-assistance systems (ADAS) and autonomous driving technologies, r…