Intel’s Mobileye testing self-driving cars in New York City
Intel Corp.’s self-driving car technology unit released a 40-minute unedited video Tuesday of a vehicle successfully navigating busy New York City streets. Mobileye, the business unit creating this technology, is now testing its vehicles in New York, including Manhattan.
The company confirmed a human driver is always in the driver seat during the testing and can override the car if needed. Mobileye has tested in New York city for six weeks.
Mobileye has been a bright spot for Intel’s business. Last year, it had revenue of $967 million, up 10% year-over-year. In the company’s most recent quarter it had revenue of $377 million, up 48% from the same quarter a year ago.
Intel is a cornerstone of the Arizona semiconductor manufacturing industry after originally setting up a factory in Chandler in 1980. The Chandler facility, known as the Ocotillo Campus, is the company’s largest manufacturing site in the world and it is set to grow even more with the addition of two new, manufacturing facilities, known as fabs, announced in the spring.
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