Well this didn’t go so well today
Nvidia dumped 7.8% to close at 225.52 after The U.S. National Transportation Safety Board said is probing a fatal Tesla crash near Mountain View, Calif., on March 23 saying it’s not clear whether the vehicle’s automated control system was active at the time of the crash.
Tesla uses Nvidia chips for computers that automate the driver-assisted control system.
Early Nvidia’s said it will suspend self-driving-car tests in the wake of last week’s fatal crash in Tempe, Ariz., involving an Uber Technologies autonomous vehicle.
The selling was compounded with Tesla a high-profile customer and reports said Uber also buys Nvidia chips for its prototype autonomous vehicles.
Nvidia does its own testing of self-driving technology in Japan, Germany, New Jersey and Santa Clara, Calif., as we reported
The Nvidia analyst day is alter where Nvidia is expected to provide updates related to its core computer gaming market, as well as cloud computing and autos. NVDA along with Intel (INTC) are building specialized chips for processing AI software in autonomous vehicles.