Mobileye, the star company in autonomous driving, plummeted by 29%! It is expected that there will be an excess of customer inventory and a sharp decline in orders.

Wallstreetcn
2024.01.04 19:49
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Mobileye, an autonomous driving technology company owned by Intel, announced on Thursday that its customer inventory is excessive, and it expects a sharp decline in orders in the first quarter of this year, causing its stock price to plummet by 29% at one point during trading on Thursday.