How CES 2017 Could Drive NVIDIA Corporation (NVDA) Stock Higher

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It’s worth noting that NVIDIA Corporation (NASDAQ:NVDA)’s technology is already moving beyond the Drive PX 2. At the first GPU Technology Conference Europe in September, the company announced Xavier (3), a new Artificial Intelligence (AI) supercomputer designed for use in self-driving cars. According to the company, a single Xavier AI processor will be able to replace today’s DRIVE PX 2 configured with dual mobile SoCs and dual discrete GPUs – at a fraction of the power consumption.

NVIDIA Corporation (NASDAQ:NVDA) is positioning itself as the leading supplier of hardware and software for embedded AI computing, with a special focus on Machine Learning and Deep Learning powered by advanced neural networks. Besides powering next-generation self-driving autonomous cars, embedded AI computing is expected to revolutionize some of the world’s fastest growing industries, including cloud computing, Big Data, and the Internet of Things (IoT). This is good news for those who own NVIDIA stock, and other investors should consider NVIDIA as one of the best tech stocks.

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The article How CES 2017 Could Drive NVIDIA Corporation (NVDA) Stock Higher originally appeared on amigobulls.com. Watch our analysis video on NVDA

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Additional Links:

(1) http://amigobulls.com/articles/why-nvidia-stock-will-continue-to-outperform-the-market?ref=il&ref=im

(2) http://amigobulls.com/articles/embedded-ai-for-self-driving-cars-will-drive-nvidia-stock-higher?ref=il&ref=im

(3) http://amigobulls.com/articles/the-self-driving-cars-market-could-now-power-nvidia-corporation-nvda-stock?ref=il&ref=im

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