Buitenland

Nvidia is Making Moves to Dominate Self-driving Cars

Mark Boekraad
Geschreven door Mark Boekraad

Written by Ophir Gottlieb

PREFACE

It’s been a busy week in the world of self-driving cars, from the Intel Corporation (INTC) acquisition of Mobileye NV (MBLY), to Uber and Alphabet Inc (GOOGL) Waymo high stakes lawsuit. But, missed in all the fuss was actual real news — the undisputed leader, Nvidia Corporation (NVDA), is making waves to further its lead in self-driving cars and turn the segment into a multi-billion dollar business.

BROADLY

We won’t cover the full magnitude of Nvidia Corporation’s story in this dossier, so today we will focus on the self-driving piece of Nvidia Corporation’s story. First, context:

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That’s the anticipated growth, broadly, for self-driving featured cars industry wide. And here are the snippets from Nvidia Corporation’s latest earnings call that pertain to this segment:

* Revenue grew to a record $128 million, up 38% year-over-year.

* Audi will deliver Level 3 autonomy in its A8 luxury sedan later this year.

* We also shared news at CES of our partnership with Mercedes-Benz to collaborate on a car that will be available by year’s end.

* Tesla began delivering a new autopilot system powered by the NVIDIA DRIVE PX 2 platform in every new Model S and Model X, to be followed by the Model 3.

* Volvo started turning over the keys to initial customers of its Drive Me program. Its XC90 SUVs equipped with DRIVE PX 2 are capable of fully autonomous operation on designated roads.

With NVIDIAs powering the market’s only self-driving cars and partnerships with leading automakers, Tier 1 suppliers, and mapping companies, we feel very confident in our position as the transportation industry moves to autonomous vehicles.

That was already known — and even just those pieces are enough to remind us that the bumbling Mobileye NV (MBLY) and an ancient Intel Corporation (INTC) are hardly an issue for Nvidia Corporation. Alphabet Inc (GOOGL) Waymo could be a worthy competitor, but all voices from inside Silicon Valley say that Alphabet Inc isn’t quite there yet.

The headlines may have received a lot of clicks and ad revenue, but they didn’t cover the real news — which is that the best and brightest is still Nvidia and it made real waves this week.

STORY I: TRUCKS

First, Nvidia Corporation (NVDA) announced on March 16th, 2017 that its working with PACCAR, a leading global truck manufacturer, on developing solutions for autonomous vehicles. The collaboration was shared by NVIDIA Founder and CEO Jen-Hsun Huang during his keynote at the Bosch Connected World conference in Berlin (Source: Nvidia Blog).

If you’re wondering if the self-driving truck world is really ‘a thing,’ we assure you, it is.

* There are 300 million trucks in the world.

* 1.2 trillion miles are driven every year.

Nvidia Corporation is “working to make every one of them safer with NVIDIA DRIVE PX AI computers, powered by deep learning.” But that was just one piece of news. There was even more.

STORY II: CARS

Just a day before that announcement, Nvidia Corporation announced a partnership with Bosch, the world’s largest automotive supplier, through its news channel on its website.

NVIDIA and Bosch are developing an AI self-driving car computer built on NVIDIA’s deep learning software and hardware that enables vehicles to be trained on the complexities of driving, operated autonomously and updated over the air with new features and capabilities.

The goal here is very clear: To develop artificial intelligence self-driving systems for mass market cars.

The Bosch AI car computer system will be based on next-generation NVIDIA DRIVE™ PX technology with Xavier, the upcoming AI car superchip, the world’s first single-chip processor designed to achieve level-4 autonomous driving.

WHY THIS MATTERS

In order to identify Nvidia Corporation (NVDA), as we did when it was trading for $32, and to find the ‘next Apple,’ ‘next Amazon,’ or ‘next Google’ we have to get ahead of the curve. This is what CML Pro does. Our research sits side-by-side with Goldman Sachs, Morgan Stanley and the rest on professional terminals.

Each company in our ‘Top Picks’ is the single winner in an exploding thematic shift like artificial intelligence, machine learning, genomics, the Internet of Things, drones, biotech and more. In fact, here are just two of the trends that will radically affect the future that we are ahead of:

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The Internet of Things (IoT) market will be measured in trillions of dollars as of next year. CML Pro has named the top two companies that will benefit. Then there’s cyber security:

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Market correction or not, recession or not, the growth in this area is a near certainty, even if projections come down, this is happening. CML Pro has named the single best cyber security stock to benefit from this theme.

The author is long shares of Nvidia Corporation (NVDA).

MrTopStep Group

Over de Auteur

Mark Boekraad

Mark Boekraad

Mijn naam is Mark en als autofanaat ben ik zeer geinteresseerd in de revolutie van de zelfrijdende auto. De zelfrijdende auto zal langzaam ingeburgerd gaan worden, maar dat zal zeker nog jaren duren. Ik lees nu al veel over dit onderwerp op binnen- en buitenlandse media. En zal dat de komende jaren blijven doen. Als je nog tips hebt of links naar interessante sites, dan hoor ik dat graag! Want samen kunnen we iedereen laten genieten van de opkomst van de zelfrijdende auto.

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