Mobileye and Nvidia Battle for ADAS Lead

The Driverless Transportation (D20) Stock Index rose 3.5 percent last week and closed at 148.20. With 19 gainers and Blackberry (BBRY) unchanged, the D20 more than doubled the 1.6 rise of the S&P 500 which closed the week at 2080.73. The D20 also easily topped the Dow’s 1.8 percent increase. The Dow closed Friday at 17898.46.

The largest D20 gainer last week was Mobileye (MBLY) which jumped nearly 7 percent to finish at $40.04, its first close over 40 since the first of the year. Mobileye continues to draw the attention of automakers with Volkswagen (VLKPY) following GM’s (GM) lead and inking a deal with the Israeli company to provide sensors to assist in real-time mapping.

Storm clouds may loom on the horizon for Mobileye as Nvidia (NVDA) unveiled plans to move into advanced driver assistance solutions (ADAS). The battle between higher priced GPU-based ADAS solutions, like Nvidia’s, versus Mobileye’s less expensive software intensive solution will only grow fiercer in the coming months. Nvidia’s stock has risen 44 percent since mid-February and closed last week at $37.13.

Visit the Driverless Transportation D20 Stock Index page to learn more about it and its component stocks.