NVIDIA (NVDA): Wedbush Increases PT After Conference Presentation

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here. Wedbush analyst, Betsy Van Hees, raised her PT to $52 from $42 after NVIDIA (NASDAQ: NVDA) presented at the Wedbush conference. NVDA highlighted the DRIVE PX 2, the next gen DRIVE PX Auto-Pilot, and DRIVE CX Cockpit Computers powered by the next-generation Tegra X1. The DRIVE PX 2 features, 12 CPU cores, 4 Tegra chips each with Pascal, combined 8 TFLOPS, deep learning, 16nm FF, 250w, and liquid cooled compared to the 1st gen PX that has two Tegra X1 chips, input for up to 12 cameras, and can process up to 1.3 gigapixels per second. The PX 2 utilizes deep learning on NVDA’s most advanced GPUs for 360-degree situational awareness around the car, to determine precisely…

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