Why Mobileye Stock Rose Today
Mobileye Mobileye (US:MBLY) The Motley Fool·2026-01-08 07:15

A bold acquisition should bolster the computer vision leader's physical AI ambitions.Shares of Mobileye Global (MBLY +0.49%) climbed on Wednesday after the autonomous driving technology provider struck a deal to acquire Mentee Robotics for 900millionincashandstock.Bythecloseoftrading,Mobileye′sstockpricewasuplessthan1900 million in cash and stock. By the close of trading, Mobileye's stock price was up less than 1% after rising as much as 17.7% earlier in the day. Bringing together robotics and automotive AI Under the terms of the deal, Mobileye would purchase Mentee for roughly 612 ...