

Nvidia noted that Q2 shaped up as an "inflection point" for Automotive segment revenues, with "strong growth" driven by AI cockpit solutions and self-driving revenues from NEV design wins ramping into volume production. Automotive Shines In A Challenging Q2Īlthough not yet a significant contributor of revenues at just 2%, Nvidia's automotive segment showed outstanding growth metrics in an otherwise challenging second quarter. With automotive products first released in 2016, and the adoption of semi-autonomous and fully-autonomous vehicles still in the very early innings, Nvidia's automotive pipeline looks poised for substantial long-term growth and contribution to revenues over the course of the decade.

Nvidia has highlighted autonomous driving as one of five " tremendous " forces driving growth - its auto pipeline currently exceeds $11 billion over the next six years. Chip and AI giant Nvidia ( NASDAQ: NVDA) is at the helm of the software-defined shift in semi-autonomous to autonomous vehicles, with a range of products and an expanding list of customers and partners supporting long-term growth in the segment.
