Monday, March 28, 2022

EVs, Autonomous Driving, Nvidia -- March 28, 2022

Link here.

One area Nvidia is doubling down on is its autonomous driving platform.

At Nvidia's conference last week, CEO Jensen Huang touted the company’s $11 billion vehicle-tech order pipeline over the next six years.

“Automotive will surely be our next multibillion-dollar business,” Huang told Julie Hyman and Dan Howley in a Yahoo Finance Presents interview. “The $11 billion is going to be quite a significant business for us just in the car. But if you look at the totality of AV, I think this is going to be one of the largest AI industries in the world.”

During the conference, Nvidia put the potential market for auto-related software, hardware and data-center services at $300 billion.

Points out Evercore ISI's Muse, "Advancements across in vehicle technologies, data center capabilities, connectivity, and AI/simulation (Omniverse) are enabling a transformation in the automotive industry today, leading to an estimated $2 trillion opportunity from the monetization of car services over the coming decade (largely led by Autonomous Driving and/or Mobility-as-a-Service)."

EVs are tracked here via "Investors." 

Disruptive:

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