At the CES 2014 held this week,
) announced that Audi vehicles will now feature anew Infotainment
System, Smart Display and Digital Cockpit driven by its Tegra
Visual Computing Module (VCM).
.With access to the most advanced hardware system, Tegra VCM
will enable carmakers to bridge the gap between consumer
electronics and in-vehicle systems, which in turn is expected to
benefit NVIDIA going forward.
Audi is one of the world's leading carbrands. Therefore
NVIDIA's new in-vehicle system solution for this premium brand
will increase the uptake of its offerings and enhance its growth
Moreover, Volkswagen's Audi is expected to increase its sales
target to $1.5 million in 2015. With this, NVIDIAis well poised
tomaximize its customer base and boost revenues.
Apart from this, NVIDIA recently launched the 192-core Tegra
K1 mobile processor, powered by Keplar technology, which provides
an enhanced gaming experience for users. This SoC (System on
Chip) is available in two versions and is increasingly being used
) Nexus 7 and
) Surface tablets.
NVIDIA Corporation offers digital media processors and related
software for a wide range of visual computing platforms. It is a
worldwide leader in visual computing technologies and is the
inventor of the graphic processing unit or GPU.
NVIDIA's innovative product pipeline consists of the recently
introduced SHIELD and the upcoming mobile processor Logan Tegra 4
Most of the competition comes from companies like
Micro Devices, Inc.
). The recent spike in operating expenses that is expected to
hurt profitability in the near term is also a factor to
considerbefore investing in the shares.
Currently, NVIDIA has a Zacks Rank #3 (Hold).
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