[Introduction]: NVI recently announced the first quarter earnings report for 2018. It is seen from the report that the revenue of the auto business is relatively low. The head of Nvidia said that NVIDIA is planting the autopilot business, targeting the future market and the current revenue. Can't explain anything.
According to the financial report, the revenue of the game and data center business continued to record high, but the automobile business still only had a quarterly revenue of 145 million US dollars, only slightly increased by 3.6% compared with the same period of the previous year. However, Nvidia is still optimistic about the automobile business. It is believed that it will bring more revenue to NVIDIA in the future.
At the financial report meeting, NVIDIA CEO Huang Renxun is also optimistic that all kinds of transportation services will move toward self-driving in the future, and believe that market opportunities will be quite large.
According to The Street, NVIDIA pointed out at the earnings conference that the company has created an artificial intelligence (AI) vehicle platform that can scale up across major auto-driving technologies. More than 370 companies and research institutes have adopted NVIDIA self-driving platforms. In order to grow momentum, NVIDIA is still excited about the long-term growth opportunities of its own self-driving business.
Market participants believe that NVIDIA's automotive business is currently in the seeding stage. At present, NVIDIA's nearly 400 automotive customers, including Mercedes-Benz and other automakers, start-ups and universities, use NVIDIA hardware. And develop products to create a self-driving solution.
In the future, NVIDIA's self-driving solutions are expected to be adopted in a wider range of markets. One of the major factors is that NVIDIA's self-driving hardware platform can help simulate self-driving tests, so that self-driving manufacturers can perform larger-scale actual simulations without having to perform actual road tests. Self-driving test to avoid the risk of potential traffic accidents.
Overall, NVIDIA has built the equipment that is not necessary for the driving system, and has developed the necessary equipment for the development of the self-driving system. Huang Renxun previously pointed out that the self-driving market can grow to 60 billion US dollars by 2035. Even if it is to reach this scale, there is still a long way to go. The self-driving field is a potential market for NVIDIA that can cover huge revenues.
Huang Renxun pointed out that the average selling price (ASP) obtained by each Level 2 self-driving vehicle is only a few hundred dollars, but in the era of self-driving ability in Level 5, ASP will be able to rise to several thousand dollars. It is expected that self-driving taxis will be around 2019. It will start to enter the market, and the time of self-driving into the market may fall between 2020 and 2021.
This year, the autopilot chip released by NVIDIA in January showed super AI capability, and Baidu chose NVIDIA's chip. Both Google and Uber adopted the NVIDIA autopilot system. This shows that NVIDIA's autopilot friend circle is more powerful. Its car business will not work.
Electronic enthusiasts will hold the China Internet of Things Conference in Shenzhen on December 6, 2018. Please pay attention to the electronics engineers concerned with the Internet of Things, smart cars, smart cities, smart agriculture, smart homes, NB-IoT and other hotspots. Our assembly. You can click to go to the details.
The China IoT Conference was held by Huaqiang Jufeng's Million Electronics Engineer Platform Electronic Enthusiasts Network. The conference has been successfully held for 4 sessions. In the form of “Grand Forum + Sub-Forumâ€, 100+ global famous manufacturers have been gathered to successfully attract 6,000+. The names of electronic semiconductor practitioners signed up for the event, affecting 200,000+ electronic engineers.
We are committed to guiding China's IoT wind vane, gathering global IoT industry leaders, analyzing the potential market value of various industries, exposing the latest technology solutions, providing the best communication platform, and striving to build an IoT ecosystem with many partners.
Time: December 6-7, 2018
Location: Shenzhen, China
Expected size: 2,000+
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