The annual consumer electronics show (CES) in Las Vegas,
Nevada, kicked off in fine style on Jan. 4 thanks to
CEO Jen-Hsun Huang. NVIDIA is perhaps best known as the king of
graphics processors, and based on last year's 60% jump in share
price, it's more than meeting investors' expectations in that
But NVIDIA is also one of the leading providers of chips for
the self-driving car market. Already, it boasts over 50
automobile manufacturing customers around the world thanks to
its DRIVE PX computing platform, and that could change for the
better soon. At CES, Huang introduced the latest iteration of
NVIDIA's driverless car computing solution, and it appears to
be a game changer.
The new DRIVE PX2 has 10 times the processing power of the
previous-generation unit, and can process a whopping 24
operations per second. Huang also announced that NVIDIA has
already inked a deal with
for its new DRIVE PX2, and other car manufacturers are sure to
Does it matter?
A discussion of self-driving cars often begins and ends with
and for good reason. The notion of driverless cars seemed
a bit outlandish just a couple of years ago, but Alphabet has
since logged over 1 million miles of testing, and is close to
making it a stand-alone business, presumably because it's
nearly ready to go mainstream.
Of course, it takes a lot of computing power to account for
all the idiosyncrasies driving entails, and that's where
NVIDIA's DRIVE PX2 enters the picture. Reportedly, NVIDIA
already supplies Alphabet with self-driving car processors, and
its new, lunchbox-sized super-computing chip should continue to
earn its share of a market that is estimated to reach as many
as 10 million cars in just four years.
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Instant Analysis: NVIDIA Corporation Unveils
New Supercomputer for Self-Driving Cars
originally appeared on Fool.com.
Suzanne Frey, an executive at Alphabet, is a member of The
Motley Fool's board of directors.
has no position in any stocks mentioned. The Motley Fool owns
shares of and recommends Alphabet (A shares) and Alphabet (C
shares). The Motley Fool recommends NVIDIA. Try any of our
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