Mobileye (NASDAQ: MBLY) and (NASDAQ: AMBA) represent two ways to invest in the growing automotive chip market. Mobileye is the world's top producer of advanced driver assistance systems (ADAS), which leverage a combination of cameras and sensors to provide semi-autonomous and autonomous driving features. These systems are powered by Mobileye's own EyeQ computer vision chips.

Ambarella is a leading producer of image processing system on chips (SoCs), which process photos and videos for cameras, drones, and other devices. Like Ambarella, it also produces computer vision chips that help security cameras, Internet of Things (IoT) devices, and connected vehicles identify people, objects, and obstacles in real time. 

Image source: Getty Images.

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Source Fool.com