Mobileye shares crash after warning of automotive customers’ chip glutPaul Kunerton January 5, 2024 at 12:38 The Register
Self-driving car biz says Q1 orders to drop 50% amid widening operating losses
Mobileye shares tanked by up to 27 percent yesterday in pre-market trading after the self-driving tech biz surprised Wall Street by warning that customers are chewing over excess inventory and cutting orders.…