Self-driving cars include vehicles equipped with advanced sensors, cameras, and AI algorithms, that can navigate, make decisions, and drive without human intervention. Ranging from partial to full automation, these vehicles aim to revolutionize transportation by improving safety, reducing traffic congestion, and providing mobility solutions for those unable to drive. Self-driving cars have the potential to improve safety and efficiency as automated vehicles may significantly reduce road accidents caused by human error. The potential market of autonomous vehicles is projected to grow exponentially in the coming decades and disrupt the automotive and transportation industries.
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Is nvidia expensive? Both Bank of America and Goldman Sachs sing praises together: the current valuation is still attractive, and continue to be bullish on its prospects.
Bank of America Merrill Lynch stated that Nvidia's PEG ratio is lower than its peers, its valuation remains attractive, and it is expected that its PE ratio will decrease to 24 times by 2027; Goldman Sachs believes that Nvidia's valuation is close to the median PE ratio of the past three years, and compared to its peers, its historical valuation is relatively low.