NVIDIA Beefs Up Its Driverless Truck Muscle
NVIDIA (NASDAQ: NVDA) said last week that it participated in a more than $20 million funding round into TuSimple, a Chinese start-up that's developing self-driving technology for long-haul trucks.
The graphics-chip specialist is well known for its self-driving car initiatives and partnerships with automakers Tesla, Toyota, Daimler's Mercedes-Benz, Volkswagen's Audi, Volvo, and others. However, it seems to fly under many investors' radars that the artificial intelligence player is plunking down its chips (literally and figuratively) on the driverless trucking space, too.
Here's what you should know.
Source: Fool.com
NVIDIA Corp. Stock
€190.44
0.370%
Currently there is a rather positive sentiment for NVIDIA Corp. with 225 Buy predictions and 6 Sell predictions.
As a result the target price of 216 € shows a slightly positive potential of 13.42% compared to the current price of 190.44 € for NVIDIA Corp..
