Nvidia, best known for its design and production of graphics-processing chips, is embedded in the artificial intelligence craze, and the firm's technology is used for various AI integrations from self-driving cars to robots.considerably richer as his wealth has grown by more than $5 billion so far this year, Bloomberg data shows.
Meanwhile, analysts at Bank of America said Nvidia is a top potential winner from generative AI growth, and Wells Fargo said new chips from Nvidia are poised to gain from greater computing needs of AI tools like ChatGPT.Ambarella is another chip company that serves the AI market. It designs semiconductors that are used in everything from entertainment consoles in cars to cellphones.
Ambarella chips are used in self-driving functions, and the company recently partnered with German auto supplier Continental on an autonomous driving venture. Mobileye was spun off by Intel and focuses on self-driving technology and driver-assistance systems, including chips and cameras. Volkswagen, Ford, and GM are among its customers. The company has a near-fully autonomous system called SuperVision, and its Chauffeur product is designed to convert a car into a Level 4 self-driven vehicle.