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  • Today

      Show headlines and story abstract
    • 12 minutes ago by Accesswire
      Companies Mentioned: QDEL, MBLY, CC

      NEW YORK, NY / ACCESSWIRE / April 18, 2023 /

      Mobileye Global Inc. (NASDAQ:MBLY)

      Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) to avoid the shortages experienced amid supply chain constraints in 2021 and 2022, the Company's Tier 1 customers had purchased inventory in excess of demand during fiscal 2023; (ii) as a result, the Company's customers had excess inventory on hand, including approximately 6-7 million units of EyeQ SoCs; (iii) due to the build-up of inventory, there was a significant risk that the Tier 1 customers would buy less product, thus adversely impacting the Company's fiscal 2024 financial results; and (iv) as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

    • 12 minutes ago by Dow Jones
      Companies Mentioned: QDEL, MBLY, CMI, CC

      NEW YORK, NY / ACCESSWIRE / April 18, 2023 /

      Mobileye Global Inc. (NASDAQ:MBLY)

      Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) to avoid the shortages experienced amid supply chain constraints in 2021 and 2022, the Company's Tier 1 customers had purchased inventory in excess of demand during fiscal 2023; (ii) as a result, the Company's customers had excess inventory on hand, including approximately 6-7 million units of EyeQ SoCs; (iii) due to the build-up of inventory, there was a significant risk that the Tier 1 customers would buy less product, thus adversely impacting the Company's fiscal 2024 financial results; and (iv) as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
  • Yesterday

      Show headlines and story abstract
    • 8:39AM ET on Wednesday Apr 17, 2024 by MT Newswires
      Companies Mentioned: MBLY
      08:39 AM EDT, 04/17/2024 (MT Newswires) -- Mobileye Global (MBLY) said Wednesday that its EyeQ6 Lite system-on-chip is set to be installed in 46 million vehicles "over the next few years." The company said that it has delivered to customers the firs...
    • 7:15AM ET on Wednesday Apr 17, 2024 by Business Wire
      Companies Mentioned: MBLY

      Mobileye announced today it has delivered the first production-candidate hardware and software of its new EyeQ(TM)6 Lite system-on-chip to its customers, which will power advanced driver-assistance systems in multiple models launching this year. This milestone marks the beginning of the EyeQ6 family, with the EyeQ6L already set to be installed in 46 million vehicles over the next few years - becoming the global auto industry's ADAS solution of choice from the start. It will be followed by the EyeQ6 High advanced system-on-chip, on track to launch in early 2025.

    • 7:15AM ET on Wednesday Apr 17, 2024 by Dow Jones
      Companies Mentioned: MBLY

      Latest generation of pioneering system-on-chip and software already set to enable safety and convenience in 46 million vehicles
      JERUSALEM--(BUSINESS WIRE)--April 17, 2024--
      Mobileye announced today it has delivered the first production-candidate hardware and software of its new EyeQ(TM)6 Lite system-on-chip to its customers, which will power advanced driver-assistance systems in multiple models launching this year. This milestone marks the beginning of the EyeQ6 family, with the EyeQ6L already set to be installed in 46 million vehicles over the next few years -- becoming the global auto industry's ADAS solution of choice from the start. It will be followed by the EyeQ6 High advanced system-on-chip, on track to launch in early 2025.

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