Connected cars driving consolidation in chip sector

The world’s largest car chipmaker, NXP Semiconductor, expects self-driving cars and connected devices will drive a wave of consolidation in the microprocessor sector. Euronews recently discussed an accelerating consolidation trend currently underway in the chip manufacturing market. A pivotal tie-up in the sector was Qualcomm’s $38 billion acquisition of NXP last week. Much of the business […]

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Is NVIDIA outpacing Apple, Google with its self-driving tech?

As the race to master self-driving car technology accelerates, some investors say Tesla Motors partner NVIDIA Corp. may have the edge over competitors Apple and Google. According to Investors Business Daily, Wedbush Securities analyst Betsy Van Hees sees Santa Clara, Calif.-based NVIDIA as nearing a breakthrough that will bring autonomous vehicles to the next level. Van […]