Nvidia's auto segment revenue surges to record high on demand for driver-assist tech
Published On Feb 27, 2025, 4:55 AM
Nvidia's automotive and robotics revenue has surged to a record high of $570 million in the fourth quarter of fiscal 2025, more than doubling year-on-year. This growth, driven by high demand for driver-assist technology, positions Nvidia's auto segment as a potential next billion-dollar business for the company. The automotive segment currently represents a small fraction of Nvidia's overall revenue but is expected to expand as investments in autonomous driving technologies increase. Analysts see this sector, including collaborations with companies like Waymo and Tesla, as a promising area for Nvidia's future sales growth.
Stock Forecasts
NVDA
Positive
With Nvidia's automotive segment showing strong growth and positive demand for driver-assist tech, coupled with increasing adoption of autonomous vehicles and robotics, it's likely that investor confidence will increase in Nvidia's stock. The company’s strong fundamentals in AI and emerging industries make it an attractive investment opportunity.
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