The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
By Robert Cyran
NEW YORK, Nov 22 (Reuters Breakingviews) - The $3.5 trln chipmaker gleans only 1% of sales from carmakers. Yet the unit grew 72% in the third quarter, a similar pace to rival Qualcomm. Stuffing silicon into cars could be a $140 bln market by 2028 and a crucial diversifier from relying on a few colossal data center buyers.
Full view will be published shortly.
Follow @rob_cyran on X
CONTEXT NEWS
Nvidia said on Nov. 20 that it generated automotive revenue of $449 million in the third quarter, an increase of 72% from the same period last year. Total revenue was $35 billion.
Qualcomm generated automotive revenue of $899 million when it reported quarterly results on Nov. 4, an increase of 68% from the same period a year ago. Total revenue was $10.2 billion.
Mobileye Global said on Oct. 31 that third-quarter revenue declined 8% from the same quarter a year ago, to $486 million.
(Editing by Jonathan Guilford and Pranav Kiran)
((For previous columns by the author, Reuters customers can click on CYRAN/robert.cyran@thomsonreuters.com))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。