Reported 3 days ago
Nvidia's automotive sector saw a significant revenue increase of 72% in Q1, reaching $567 million, as the demand for self-driving technologies and new energy vehicles grows. CEO Jensen Huang believes the intersection of autonomous vehicles and robotics represents a multitrillion-dollar opportunity, particularly with partnerships like Tesla. With advancements in AI and full-stack solutions for companies like Mercedes Benz, Nvidia anticipates automotive revenue could reach around $5 billion this fiscal year.
Source: YAHOO