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Nvidia: Self-Driving Its Stock Higher At CES

Summary

Nvidia announced a lunchbox-sized system it says will control a Volvo SUV next year.

Graphics are at the heart of most CES' tech excitement, and Nvidia is the graphics leader.

The stock is pricey, but should rise once the China gloom dissipates.

You want a hot tech stock? How about one that, in the last year, has outgained Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), outgained Microsoft (NASDAQ:MSFT), and outgained even the mighty Facebook (NASDAQ:FB).

It's Nvidia (NASDAQ:NVDA), the producer of graphics chips, up 61% over the last year and up nearly 1% Monday morning, on the heels of its packaging a self-driving car system for Volvo (OTCPK:GELYY).

The lunchbox-sized Drive PX-2 is said to perform 24 trillion deep-learning operations per second, enough power to absorb data from 12 cameras, along with lidar, radar and ultrasonic...


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