MicroVision Lidar Integrates with NVIDIA DRIVE AGX, Enhances Autonomous Vehicle Solutions

NVIDIA Corporation (NASDAQ:NVDA) is one of the best performing semiconductor stocks to buy now. On July 28, MicroVision Inc. (NASDAQ:MVIS) announced that its MOVIA lidar system now integrates with the NVIDIA DRIVE AGX platform. This integration enables automotive customers to use MicroVision’s perception-enhanced lidar solutions.

The NVIDIA DRIVE AGX platform is an AI computing system designed for autonomous driving for AI-powered vehicles. MicroVision’s CTO, Glen DeVos, stated that this compatibility provides automotive OEMs and partners with robust point cloud data already processed by the MOVIA sensor’s internal perception compute.

MicroVision Lidar Integrates with NVIDIA DRIVE AGX, Enhances Autonomous Vehicle Solutions

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The MOVIA L sensor is a fully industrialized, solid-state solution specifically designed for commercial trucking. Additionally, the MOVIA S sensor is expected to deliver high performance at a very competitive price, which makes it suitable for the high volumes of the automotive industry.

NVIDIA Corporation (NASDAQ:NVDA) is a computing infrastructure company that provides graphics and compute & networking solutions internationally.

MicroVision Inc. (NASDAQ:MVIS) develops and commercializes perception solutions for autonomy and mobility applications.

While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.