Mobileye Founder Shifts Focus to Humanoid Robots

[Company Update] Amnon Shashua, founder of Mobileye, has announced his intention to step down as CEO to focus fully on humanoid robotics.

Core Development: Founder Hands Over Reins to Pursue New Frontier in Physical AI

Amnon Shashua, aged 63, after leading Mobileye for nearly 27 years, plans to resign as chief executive once a successor is in place, shifting his full attention to Mentee Robotics, a humanoid robotics company acquired by Mobileye in January this year for $900 million.

Key Metrics: Strong Earnings Mask Emerging Concerns

The company reported Q2 revenue and profits for fiscal year 2026 that exceeded expectations, though $93 million of this came from government subsidies. Meanwhile, weak guidance for the third quarter, combined with management changes, has weighed on market confidence.

Strategic Foundation: Ensuring Technological Continuity and Growth Transformation

The board has launched a global search for a new CEO and has invited Shashua to serve as Chairman of the Board in the future, focusing on long-term technology trends and innovation opportunities to strengthen the company's strategic positioning in the 'physical AI' domain.