Mobileye raises annual revenue view on strong self-driving chip demand


FILE PHOTO: Mobileye logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Self-driving technology firm Mobileye Global raised its forecast for fiscal 2025 revenue on Thursday, anticipating a rise in orders for its autonomous driving chips as customers clear existing inventory.

Shares of the company rose over 4% in premarket trading.

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