Nvidia shares have tremendous upside potential, but are also the target of some unscrupulous short sellers. These partnerships put NVDA stock in an excellent position to be courted by other auto manufacturers.

It’s also working with Audi (OTCMKTS: AUDVF) to bring highly automated vehicles to market by 2020.

In the self-driving car arena, Nvidia teamed up with German car parts manufactures ZF and Bosch to develop new automatic driving systems. Baidu Inc (ADR) (NASDAQ: BIDU), China’s internet giant, is partnering with Nvidia to expand its artificial intelligence-powered cloud services. The consensus estimate was for 67 cents EPS, so NVDA posted a stunning 26.9% earnings surprise.ħ High-Yield Dividend Stocks for Aggressive InvestorsĪnd NVDA stock shows no signs of slowing down. First-quarter earnings per share surged 85% year-over-year to 85 cents. Last quarter, revenue soared 48% year-over-year to $1.94 billion, above the $1.91 billion consensus estimate. Business is booming, as demonstrated in Nvidia’s latest earnings report.

Nvda stock price january 2017