Will Qualcomm Overtake NVIDIA in Driverless Cars?

Qualcomm (NASDAQ: QCOM), the top mobile chipmaker in the world, generates most of its revenue from the smartphone market. But it's also been diversifying into new markets, and connected cars are a top priority.

Qualcomm's Snapdragon Automotive modems link cars to 4G and 5G networks, and its Snapdragon Automotive Platforms bundle those modems with a CPU, Bluetooth, Wi-Fi, USB, GPS, and audio connections to support infotainment and navigation systems.

Qualcomm's Snapdragon Ride platform is a new advanced driver-assistance system (ADAS), which enables autonomous driving. Its Snapdragon Digital Cockpit platform controls digital dashboard displays and rear-seat entertainment systems, and its new Cloud-to-Car platform links those systems to 4G/5G networks for over-the-air updates.

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Source Fool.com