Nvidiawill thrive despite all of the above outcomes. Source: embedwistia-a.akimaihg.net Introduction The outlook for Nvidia (NASDAQ: NVDA ) is extremely bright regarding the automotive industry and they should garner a substantial portion of the market going forward.
This should be more than enough to offset any drop in the gaming and mining markets that have fueled its growth so far. In fact, it will lead to increased revenue and continuing, recurring monthly revenue streams.
Nvidia shares have been stagnant in the aftermath of a recent accidental death in Tempe Arizona, caused by an autonomous operated Uber car. This caused Nvidia to suspend its autonomous self – driving test operations.
Some have cited substantial speculation on the impact that coming 5G deployments will exert on the auto industry and autonomous cars, possibly derailing Nvidia’s foothold into this market segment. With the NXP (NASDAQ: NXPI ) and Qualcomm (NASDAQ: QCOM ) merger progressing to the final stages, some hypothesize that this will be […]