$NVIDIA (NVDA.US)$ stock has climbed more than 125% this yea...
$NVIDIA (NVDA.US)$ stock has climbed more than 125% this year. While it’s not the only driver for the stock, its role in the lidar industry has played a key part in its continued success. Thankfully, for those interested in lidar stocks, a recent move by Nvidia shows that things are starting to heat up again for the industry.
With this latest announcement, Nvidia now has six lidar sensor vendors — including Baraja, Hesai Technology, Innoviz ( $Innoviz Technologies (INVZ.US)$ ), Magna ( $Magna International (MGA.US)$ ) and Ouster ( $Ouster (OUST.US)$ ) — all developing lidar sensors to run on the Drive platform. Microvision’s ( $Microvision (MVIS.US)$ ) A-Sample lidar is also rumored to have an Nvidia chip inside — although there has been no confirmation by either company.
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70130365 : CEO Sumit Sharma told investors many times that this chip was an "incidental choice". People who exaggerate this chip are telling half truths.
PREMOSULTRAA OP 70130365 : Worth pondering