Reported about 11 hours ago
Nvidia's automotive revenue ballooned to $570 million last quarter, marking a 27% increase from the previous quarter and a staggering 103% gain year-over-year. With expectations of the automotive vertical reaching around $5 billion this fiscal year, CEO Jensen Huang highlights the potential of self-driving technology, stating that the convergence of AI and robotics in vehicles might create a multitrillion-dollar industry. Major partnerships with companies like Toyota and Hyundai reinforce Nvidia's pivotal role in the future of autonomous vehicles.
Source: YAHOO