NVIDIA Bullish on Auto Chip Business as Next Driver: Can It Deliver?
Key Takeaways NVDA's automotive revenue surged 72% YoY to $567M in Q1, targeting a multitrillion-dollar opportunity. NVIDIA's full-stack AI chips are now in production for Mercedes Benz, with Volvo and BYD also onboard. NVDA chips and robots are powering Tesla supercomputers and auto factories for GM and Hyundai.NVIDIA Corp. (NVDA) has identified a hidden gem for its highly demanded generative artificial intelligence (AI) enabled GPUs (graphical processing units) or chips. Aside from the robust business o ...