Mobileye logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/Illustration
(Reuters) -Mobileye Global beat Wall Street expectations for third-quarter revenue on Thursday, as automakers ramped up orders of the company's driver-assisted chips in a rush to adopt autonomous software.
The company is seeing a surge in demand for its self-driving systems after a prolonged slump as its customers clear inventory. Mobileye's customers had stocked up to avoid a shortage during the pandemic.
