Autonomous driving stocks, including Baidu and Mobileye, show rising potential due to AI interest, with McKinsey forecasting $400B autonomous ride-sharing revenue by 2030.

The article highlights the rising potential of autonomous driving stocks, especially Baidu and Mobileye, amid increased interest in AI. McKinsey forecasts that revenue from autonomous ride-sharing could hit $400 billion by 2030. Tesla leads the sector, with projections suggesting its robotaxi revenue could reach $120 billion by 2040. Despite promising growth, a global GPU shortage poses challenges for the industry's expansion. The landscape includes major players like GM, Nuro, and Gatik.

September 08, 2024
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