4 Automakers Betting on NVIDIA

Image source: Getty Images. NVIDIA (NASDAQ: NVDA) is best known for its graphics processing units (GPUs) and its graphics cards used for gaming. But the company also has a strong — and growing — automotive segment that’s quickly becoming a major part of the company’s future.  The company earned $113 million from its automotive segment in fiscal Q1 2017. That’s not all that much, but it’s an increase of 47% year over year, and it brings automotive revenue up to about 8.6% of total revenue.  Some key players in the automative industry are betting on NVIDIA’s automotive technologies, including BMW (NASDAQOTH: BAMXF), Tesla Motors (NASDAQ: TSLA), Honda Motors (NYSE: HMC) and Volkswagen (NASDAQOTH: VLKAY). Here’s how each company is using NVIDIA’s GPUs and semi-autonomous car technology to further their businesses: Infotainment and navigation NVIDIA’s…

Link to Full Article: 4 Automakers Betting on NVIDIA

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