3 Reasons Intel Can Win the Self-Driving Car Race
Intel (NASDAQ: INTC) has definitely come a long way since the March announcement of its acquisition of vision specialist Mobileye for a princely sum of $15.3 billion. This move is now acting as a catalyst for Intel in the self-driving car race, where it was lagging graphics specialist NVIDIA (NASDAQ: NVDA).
NVIDIA looked like the go-to investment to tap the autonomous car opportunity, given its impressive product-development moves and partnerships with leading automakers. But the status quo has changed as Intel has moved to cut NVIDIA's lead in this space, giving investors more clarity as to how it plans to monetize this opportunity.
A closer look at Intel's moves in self-driving cars clearly indicates that the company has built its presence in a rapid and strategic manner.
Source: Fool.com
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