Summary of Mobileye Global Conference Call Company Overview - **Company**: Mobileye Global (NasdaqGS:MBLY) - **Event**: 2026 Conference held on January 06, 2026 - **Keynote Speaker**: Professor Amnon Shashua, CEO of Mobileye Key Industry Insights - **Acquisition**: Mobileye announced the acquisition of Mentee Robotics, marking its entry into humanoid robotics [1] - **Partnerships**: Collaboration with Volkswagen's MOIA Group to develop autonomous vehicles for the US and Europe [1] Financial Performance and Projections - **RFQs Success**: Mobileye won 95% of all RFQs from its top 10 customers in 2025 [3] - **New Partnerships**: Secured design wins with Volvo and Subaru [3] - **Revenue Pipeline**: Projected pipeline of $24.5 billion over the next eight years, with $18 billion awarded since the IPO, representing a 40% increase since 2023 [4] - **Chips Deployment**: Over 230 million chips deployed, equating to one-eighth of the total cars globally [5] Technology Developments - **REM Technology**: 8 million cars contributing to high-definition map data, with 32 billion miles recorded in 2025 [5] - **Surround ADAS**: New system featuring multiple cameras and radars, with two design wins already secured [6] - **Testing**: Over 100 ID. Buzz vehicles in testing across various locations, including challenging weather conditions [10][14] Future Milestones - **Driverless Services**: Expected launch of driverless services in the US by the end of 2026, with EU homologation in 2027 [18] - **Market Expansion**: Plans to operate in six cities by the end of 2027 and have over 100,000 active self-driving vehicles by 2033 [21] Strategic Insights - **Ecosystem Approach**: Emphasis on integrating vehicle and self-driving systems into a turnkey solution for autonomous mobility [19] - **Cost Reduction**: Focus on reducing costs associated with sensors and computing to enable scalability [51] - **Physical AI Expansion**: Mobileye aims to broaden its scope to include all aspects of physical AI, leveraging synergies between autonomous driving and robotics [59] Technical Innovations - **Artificial Community Intelligence (ACI)**: A new training method using simulated environments to enhance driving policy and validation [36][40] - **Vision-Language Models (VLMs)**: Development of a slow system to provide deep scene understanding, reducing reliance on teleoperators [45] - **Chip Development**: Introduction of the IQ7 chip, designed for advanced workloads, with significant performance advantages over competitors [52] Conclusion - Mobileye is positioned for significant growth through strategic acquisitions, partnerships, and technological advancements in autonomous driving and robotics. The company is focused on scaling its operations while reducing costs and enhancing its product offerings to meet future market demands.

Core Viewpoint - Mobileye Global Inc. is positioned to benefit from the increasing demand for advanced driver assistance systems (ADAS) and autonomous driving technologies, despite rising operating expenses [1] Group 1: Demand and Technology - The demand for ADAS and autonomous driving features is enhancing Mobileye's growth prospects, with innovative solutions like Supervision, Chauffeur, Drive, and EyeQ strengthening its portfolio [2] - The adoption of multi-camera setups is increasing due to stricter safety regulations and the push for hands-free highway driving in mass-market vehicles [2] Group 2: Financial Projections - Mobileye anticipates revenues in the range of $1.69-$1.81 billion for 2025, an increase from $1.65 billion in 2024, based on EyeQ unit sales of 32-34 million units [3] - For Q2 2025, the company expects revenues to rise approximately 7% year over year [3] Group 3: Strategic Partnerships - Strategic partnerships and design wins are crucial for Mobileye's growth, with collaborations with ZEEKR, Porsche, FAW, Mahindra, and Volkswagen enhancing its market position [4] - Volkswagen's deepened partnership with Mobileye aims to integrate advanced technologies for automated driving into series production vehicles [4] Group 4: Financial Health - Mobileye has a strong balance sheet with $1.51 billion in cash and cash equivalents and zero debt as of March 25, 2025, providing financial flexibility for growth opportunities [5] Group 5: Challenges - Mobileye expects a 3-7% decline in production volume from its top 10 customers in 2025, with competitive pressures in China affecting shipments of assisted driving technology [6] - Rising operating expenses, driven by increased employee compensation and military reserve investments, are expected to hinder income growth, with a projected 7% year-over-year increase in adjusted operating expenses for 2025 [7]