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Stock impact report

Mobileye to ship at least 46M new assisted-driving chips - report [Seeking Alpha]

PORSCHE AUTOMBL UNSP/ADR (POAHY) 
NASDAQ:AMEX Investor Relations: porsche-se.com/en/investor-relations
Company Research Source: Seeking Alpha
In an interview with , Mobileye's Nimrod Nehushtan, executive vice president of business strategy and development, said that “the company is selling the EyeQ6 Lite in all major markets around the world, and cars with the technology will be launched in the middle of this year.” "The 46 million represents the amount of EyeQ6 Lite (business) that we have won to date," Nehushtan added. Customer identities were not disclosed. Mobileye ( MBLY ) counts Volkswagen ( OTCPK:VWAGY ) and Porsche ( OTCPK:POAHY ) among its customers. Shares of the company rose as much as premarket Mobileye ( MBLY ) touted EyeQ6 as its most advanced driver-assistance chip yet when it was rolled out in 2022. EyeQ6L (or “Lite”) is said to offer 4.5 times more computing horsepower compared with its prior generation and can support all core advanced driver-assistance systems (ADAS). Recommended For You More Trending News Recommended For You More Trending News Related Stocks Trending Analysis Trendin Show less Read more
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