NVIDIA Corporation’s Automotive Business: 3 Things You Need to Know

Image source: NVIDIA.NVIDIA’s (NASDAQ:NVDA) stock price is up more than 150% over the past 12 months, partially on the company’s prospects in the automotive business. The company already supplies automakers with graphics processing units (GPUs) for their infotainment systems and is continually building out its self-driving technologies.  Sales of GPUs in the automotive segment account for only a little more than 8% of NVIDIA’s total revenue right now, but with cars using more advanced technology each year, and driverless-car technology becoming more popular, the company could quickly grow that percentage in the coming years.  Here’s how the company’s auto business stacks up right now: Revenue: $119 million and counting That’s how much the company made from its automotive segment in its fiscal second quarter 2017. Now, that’s not a lot of money, of…


Link to Full Article: NVIDIA Corporation’s Automotive Business: 3 Things You Need to Know