Nvidia unveils third generation automotive chips for autonomous cars

Nvidia has unveiled its third generation Drive PX automotive line, code-named Pegasus. This platform represents a 13-fold improvement in the calculating power of the previous line. It is expected that this chip allows fully autonomous driving. This is the continuation of a race towards level 5 autonomous vehicles. Intel is also in this race with its Mobileye acquisition, but Nvidia seems one step ahead of all competition.

The graphic processing tech seems critical for the implementations of autonomous vehicles. Tesla, for instance, is betting all-in in this tech, while dropping lidar sensors.

So far this year, Nvidia stock is up 77% and this type of announcements coupled with good earnings should keep the company hot in Wall Street.

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