Mobileye forecasts annual revenue below estimates as tariffs weigh on automakers
Israel
Jan 22 : Mobileye Global forecast annual revenue below Wall Street expectations on Thursday, indicating uncertain demand for its assisted-driving chips as automakers navigate a challenging economic environment marked by high tariffs. Shares of the Israel-based company fell 6 per cent in premarket trading. U.S. President Donald Trump's tariffs on the import of vehicles and auto parts have jolted the global automotive industry, forcing several carmakers to abandon forecasts and scramble to adjust
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