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Image source: Getty Images. The most sought-after AI chips. First, a bit of background on Nvidia. The company sells the world's most sought-after -- and expensive -- AI chips and a variety of ...
Nvidia has proven that it is one of the biggest engines fueling the AI movement, and I suspect that whatever the company has in store at CES 2025 will further demonstrate that.
Nvidia's expectation of 80% year-over-year revenue growth in the upcoming quarter is thanks to demand for Hopper, meaning this platform continues to be a key revenue driver for the company. 3 ...
During the 1980s and 1990s, a relatively large number of companies appeared selling primarily 2D graphics cards and later 3D. Most of those companies have subsequently disappeared, as the increasing complexity of GPUs substantially increased research and development costs. Many of these companies subsequently went bankrupt or were bought out.
Draper Fisher Jurvetson is an investor in the company. In September 2020, Zoox became the fourth company in the State of California to receive permit to test driverless automobiles on public roads. [21] On December 14, 2020, Zoox showcased a fully autonomous, all-electric, purpose-built vehicle that is capable of driving up to 75 mph. [22] [23]
Also in January 2018, at CES 2018, Nvidia partnered with Aurora to provide hardware for Aurora's self-driving systems. [14] [15] [16] In October 2018, Aurora became the first self-driving vehicle company authorized to test its vehicles in Pennsylvania. [17] In January 2019, the company raised financing at a $2 billion valuation. [18]
In the first quarter, Nvidia reported automotive revenue of $329 million, a small sliver of the $22.6 billion in its data center business but up 17% sequentially and up 11% year over year.
With Nvidia’s stock having largely recovered from late July’s big sell-off and now trading back close to record highs, there could be serious stock market trouble if Nvidia announces ...