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This Self-Driving Car Leader Has Intel Inside


This Self-Driving Car Leader Has Intel Inside

When most tech investors think of the technology that's powering driverless vehicle platforms, they think of NVIDIA (NASDAQ: NVDA). There's good reason for that, as its powerful graphics processing units (GPUs) set the standard for the deep learning/image processing required for autonomous cars to sense and respond to the world around them.

But Intel (NASDAQ: INTC) surely stole some of NVIDIA's thunder this week when it revealed that its chips are powering some of the most advanced driverless car technology for Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Waymo subsidiary.

"Waymo's newest vehicles, the self-driving Chrysler Pacifica hybrid minivans, feature Intel-based technologies for sensor processing, general compute and connectivity, enabling real-time decisions for full autonomy in city conditions," said Intel CEO Brian Krzanich said in a press release.

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Source: Fool.com

Alphabet Inc. A Stock

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Alphabet Inc. A gained 0.560% compared to yesterday.
The stock is an absolute favorite of our community with 93 Buy predictions and no Sell predictions.
As a result the target price of 178 € shows a slightly positive potential of 13.0% compared to the current price of 157.52 € for Alphabet Inc. A.
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