While a high-risk, high-reward sector, autonomous driving stocks represent a viable opportunity for speculation. It all comes down to expert projections. According to Fortune Business Insights, the global autonomous vehicle market reached a valuation of just over $1.5 billion in 2022. Analysts believe that by 2030, the segment could be worth $13.63 trillion. If so, that would represent a compound annual growth rate of 32.3% from 2023. Of course, no guarantees exist and projections are ultimately
Self-driving cars are hitting the roads, creating a big opportunity for autonomous driving stocks. Mercedes-Benz (OTCMKTS:MBGYY) just became the first automaker to sell Level 3 autonomous cars in the U.S. And it doesn’t need a driver to watch the road. Level 3 refers to different stages of driving automation. Levels 0, 1 and 2 refer to driver support features, which can steer, accelerate and brake. However, a driver must constantly supervise and take over when needed. InvestorPlace - Stock Marke
Ambarella's (AMBA) recently unveiled CV75S family of SoC brings advanced AI-based image processing to a wide range of price points, enhancing image quality for diverse applications.