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Here's Why NVIDIA Can Sideswipe Alphabet in Autonomous Cars


Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Waymo has been an early pacesetter in self-driving cars. Its autonomous cars have clocked millions of miles on public roads and billions in simulation, making Alphabet one of the top stocks for anyone looking to cash in on this space.

But Alphabet now seems to have credible competition from NVIDIA (NASDAQ: NVDA). The graphics specialist is witnessing a turnaround in its automotive business thanks to a change of strategy. And the latest announcement from one of its partners suggests that the chipmaker could keep racing ahead.

Image Source: Getty Images.

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Source Fool.com

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