Mobileye Crashes Into Auto-Chip Pileup

Some collisions are hard to avoid—even when you see them coming. 

The severe shortages in automotive chips caused by the onset of the Covid pandemic in 2020 have continued to reverberate. Those shortages helped elevate chip-industry revenue over the past three years, as automakers and their top suppliers sought to build up inventory to avoid being caught flat-footed by the absence of crucial components.