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Nvidia's auto segment revenue surges to record high on demand for driver-assist tech
CNBCยท 2025-02-27 09:55
Core Insights - Nvidia's automotive segment revenue more than doubled to a record high, driven by strong demand for driver-assist software [1][2] - The automotive and robotics segment revenue rose 103% year-on-year to $570 million in Q4 of fiscal year 2025, totaling $1.69 billion for the fiscal year [2] - Nvidia's CEO predicts that all cars on the road will eventually be robotic, enhancing the company's focus on AI systems for data refinement [3] Revenue Growth - The automotive segment's revenue increase is attributed to sales of Nvidia's self-driving platforms, indicating a robust market demand [2] - The segment has surpassed $1 billion in revenue for the second consecutive year, highlighting sustained growth [2] Market Position - Nvidia is increasingly positioned in the market for Advanced Driver-Assistance Systems (ADAS), autonomous vehicles, and robotics through its DRIVE platform [3] - The company's products are expected to evolve into a significant revenue stream, potentially becoming a "billion-dollar" business [1]