In a recent interview with Yahoo Finance, NVIDIA’s chief, Jensen Huang, stated that besides the cloud industry, the primary users of NVIDIA’s data-center chips are from the automotive industry. He then emphasised about autonomous cars and their advancements.
“Tesla is far ahead in self-driving cars, but every single car, someday will have to have autonomous capability,” said Huang. The video of the statement was shared by Elon Musk on X.
The Rise of Autonomous Vehicles
The global autonomous vehicle market size was valued at $135.25 billion in 2022 and is anticipated to reach $1453.30 by 2032, with a CAGR of 27.42% during the 2023-2032.
Interestingly, NVIDIA and Foxconn had partnered earlier last year, to build AI factories which will help boost EV and autonomous vehicle production.
While Tesla is at the forefront of self-driving technology, other companies are emerging in the space. In India, startups such as Swaayatt Robots is said to have achieved level 5 autonomy.
NVIDIA’s Rising Growth
Basking in the glory of the phenomenal growth in the recent quarter, of posting over 600% profit YoY for the recent quarter, Huang attributed the growth in sales to not just major cloud service providers such as Amazon, Microsoft and Google. He also stated that companies such as Meta, Tesla and even pharmaceutical companies are procuring NVIDIA chips.
The recent big tech events saw increasing partnership announcements with NVIDIA with Microsoft even claiming to be among the first cloud providers to offer NVIDIA Blackwell GPUs in B100 and GB200 configurations.
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