Mobileye (NASDAQ: MBLY) and Texas Instruments (NASDAQ: TXN) represent two ways to invest in the growing market for automotive chips.

Mobileye is the world's leading developer of advanced driver assistance systems (ADAS), which use a mix of sensors, cameras, and its own EyeQ computer vision chips to support assisted parking, adaptive cruise control, and other semi-autonomous driving features.

Texas Instruments produces digital light processing (DLP) chips for dashboards and headlights, radar sensor chips for ADAS platforms, and other types of automotive chips. It also manufactures a wide range of analog and embedded chips for the industrial, enterprise systems, communication equipment, and personal electronics markets.

Continue reading

Source Fool.com