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Mobileye and Ambarella are two chipmakers in the growing automotive chip market. Mobileye is the world’s top producer of advanced driver assistance systems (ADAS) and Ambarella produces image processing system on chips (SoCs). Mobileye’s stock surged more than 30% this year and Ambarella’s stock has stayed roughly flat. Mobileye’s revenue fell 10% in 2020 due to the pandemic, but grew 43% in 2021 and 35% in 2022. Mobileye’s SuperVision ADAS platform supports hands-free navigation capabilities for driverless vehicles and its EyeQ Ultra chip is designed with fully autonomous driving features. Mobileye expects its revenue to rise by 10%-13% in 2023 due to the softness of the Chinese EV market.