NVDA Stock: Why This Could Be The Next Growth Driver For NVIDIA Corporation?

NVIDIA recently got the clearance for testing its autonomous cars on the roads of California. According To NVIDIA, the autonomous car market is a $6-$12 billion opportunity. The company is facing competition from Intel. The crowded space of autonomous cars has a new addition. The California Department of Motor Vehicles recently announced that it has cleared NVIDIA for testing autonomous cars on the roads in California. NVIDIA is joining the likes of Ford, Google, Apple and Tesla in the autonomous car space. However, unlike Apple and Ford, NVIDIA is not so much interested in building an autonomous car, but in providing the computing power and intelligence, “the brain” for these autonomous cars. The company is building autonomous cars only to prove the reliability and competency of its own systems and to improve…


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