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Mobileye warns of low Q1 self-driving chip orders due to "excess inventory at our customers", as automakers stocked up during the chip short


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2024-01-04 18:34:08
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Blue Team (CND)

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Rohan Goswami / CNBC:

Mobileye warns of low Q1 self-driving chip orders due to “excess inventory at our customers”, as automakers stocked up during the chip shortage; MBLY drops 25%+  —  - Mobileye shares plunged as much as 25% Thursday after the company warned that customer order numbers would fall short of the year-ago quarter.




Rohan Goswami / CNBC:

Mobileye warns of low Q1 self-driving chip orders due to “excess inventory at our customers”, as automakers stocked up during the chip shortage; MBLY drops 25%+  —  - Mobileye shares plunged as much as 25% Thursday after the company warned that customer order numbers would fall short of the year-ago quarter.



Source: TechMeme
Source Link: http://www.techmeme.com/240104/p21#a240104p21


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