Article 6HM3C Mobileye shares crash after warning of automotive customers' chip glut

Mobileye shares crash after warning of automotive customers' chip glut

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from The Register on (#6HM3C)
Story ImageSelf-driving car biz says Q1 orders to drop 50% amid widening operating losses

Mobileye shares tanked by up to 27 percent yesterday in pre-market trading after the self-driving tech biz surprised Wall Street by warning that customers are chewing over excess inventory and cutting orders....

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