Stock Market News

Nvidia and Foxconn cooperate in field of creating platform for transport

2023.01.03 13:41

 



Nvidia and Foxconn cooperate in field of creating platform for transport

Budrigannews.com – Nvidia, a chipmaker (NASDAQ:) On Tuesday, the company and Foxconn, a manufacturer of electronic components, announced a partnership to create platforms for autonomous vehicles.

Foxconn, a contract manufacturer from Taiwan, stated that it would produce automobile electronic control units (ECUs) based on the DRIVE Orin chip from Nvidia, which is designed specifically for computing in connected and autonomous vehicles.

Foxconn stated that the ECUs will serve the global automotive market.

Nvidia reported $251 million in third-quarter revenue from the automotive sector, where it sees a $300 billion market opportunity.

According to the chipmaker, the partnership will enable it to scale up efforts to meet rising demand for autonomous and connected vehicle chips.

For autonomous driving, Foxconn, which has a vehicle manufacturing facility in Ohio, said that its vehicles will have ECUs based on Nvidia’s DRIVE Hyperion and DRIVE Orin sensors.

Foxconn is contracted to produce PEAR, Fisker Inc.’s second car model, as well as electric vehicles for Lordstown Motors Corp. Additionally, it produces Apple Inc. its goods.

More Kentucky warns 11 companies of Alienation due to boycott of energy companies

Nvidia and Foxconn cooperate in field of creating platform for transport

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 67,336.04 1.86%
ethereum
Ethereum (ETH) $ 2,643.81 3.05%
tether
Tether (USDT) $ 0.99915 0.14%
bnb
BNB (BNB) $ 594.58 2.42%
solana
Solana (SOL) $ 166.86 1.39%
usd-coin
USDC (USDC) $ 0.999476 0.15%
xrp
XRP (XRP) $ 0.54686 0.41%
staked-ether
Lido Staked Ether (STETH) $ 2,644.43 3.00%
dogecoin
Dogecoin (DOGE) $ 0.144136 1.62%
tron
TRON (TRX) $ 0.159314 1.62%
the-open-network
Toncoin (TON) $ 5.26 1.41%
cardano
Cardano (ADA) $ 0.365362 0.37%
avalanche-2
Avalanche (AVAX) $ 27.97 2.55%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,133.05 2.92%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 3.65%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,360.05 1.88%
weth
WETH (WETH) $ 2,644.62 3.11%
chainlink
Chainlink (LINK) $ 12.10 1.35%
bitcoin-cash
Bitcoin Cash (BCH) $ 361.85 3.40%
polkadot
Polkadot (DOT) $ 4.39 2.91%
uniswap
Uniswap (UNI) $ 8.13 5.98%
dai
Dai (DAI) $ 0.999231 0.14%
near
NEAR Protocol (NEAR) $ 4.78 4.54%
aptos
Aptos (APT) $ 11.02 8.51%
leo-token
LEO Token (LEO) $ 6.06 0.41%
sui
Sui (SUI) $ 2.00 4.72%
litecoin
Litecoin (LTC) $ 70.73 3.69%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,780.42 2.98%
pepe
Pepe (PEPE) $ 0.00001 2.81%
bittensor
Bittensor (TAO) $ 555.89 5.89%
internet-computer
Internet Computer (ICP) $ 8.01 3.54%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.39 3.74%
kaspa
Kaspa (KAS) $ 0.133955 1.75%
monero
Monero (XMR) $ 156.76 3.67%
ethereum-classic
Ethereum Classic (ETC) $ 19.26 3.48%
stellar
Stellar (XLM) $ 0.096012 0.66%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.37194 2.10%
blockstack
Stacks (STX) $ 1.81 4.23%
first-digital-usd
First Digital USD (FDUSD) $ 0.997376 0.22%
whitebit
WhiteBIT Coin (WBT) $ 17.80 0.36%
ethena-usde
Ethena USDe (USDE) $ 0.999767 0.08%
dogwifcoin
dogwifhat (WIF) $ 2.52 5.09%
immutable-x
Immutable (IMX) $ 1.54 4.78%
okb
OKB (OKB) $ 40.21 2.18%
arbitrum
Arbitrum (ARB) $ 0.592823 1.56%
aave
Aave (AAVE) $ 153.66 1.07%
filecoin
Filecoin (FIL) $ 3.86 2.06%
optimism
Optimism (OP) $ 1.73 3.33%
crypto-com-chain
Cronos (CRO) $ 0.077675 1.63%
fantom
Fantom (FTM) $ 0.742298 2.27%