Mobileye gains on deal with major US automaker

Mobileye Global

05/01/2026 12:11

** Self-driving technology firm Mobileye Global's MBLY.O shares rise 6.4% to $11.95 premarket

** Co secures a major U.S. automaker as customer for its next-gen chip

** Co expects future deliveries of more than 19 mln EyeQ6H-based Surround advanced driver-assistance systems; 9 mln of which are tied to new deal

** ADAS combines data from cameras, radars and crowdsourced road-mapping data to track lane changes and provide traffic jam assistance

** Stock had fallen 47.6% in 2025

 (Reporting by Anhata Rooprai in Bengaluru)

 ((Anhata.Rooprai@thomsonreuters.com))