NVIDIA Takes a Big Step Forward in the Race to Self-Driving Cars
NVIDIA (NASDAQ: NVDA) said on Tuesday that it has created a new in-car computer that's powerful enough to enable fully self-driving vehicles. It'll begin shipping next year.
The chip giant unveiled the new system, called Drive PX Pegasus, at its GPU Technology Conference in Munich on Tuesday. When it begins shipping next year, the Pegasus will replace NVIDIA's current automotive "brain," the Drive PX 2 AI platform. Drive PX 2 is being used by many of the companies working on autonomous-vehicle systems, including automakers Volkswagen AG (NASDAQOTH: VLKAY), Mercedes-Benz parent Daimler AG (NASDAQOTH: DDAIF), and giant Toyota (NYSE: TM). It's also shipping in several production vehicles that come with advanced driver-assist technology.
NVIDIA's new Pegasus computing platform has the power needed to enable a fully self-driving vehicle, the company said. Image source: NVIDIA.
Source: Fool.com
Intel Corp. Stock
Currently there is a rather positive sentiment for Intel Corp. with 23 Buy predictions and 12 Sell predictions.
As a result the target price of 38 € shows a positive potential of 30.58% compared to the current price of 29.1 € for Intel Corp..
